£646,589
This estimated value is based upon the latest sale price for the house of £530,000 on 1 Jun 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Broadway Parade, Winchester Road, Highams Park, E4 9LG
Phone: 02081667680
Price Paid | Date |
---|---|
£530,000 | 1 Jun 2020 |
Semi-Detached |
Freehold |
Floor Area: 76 sq meters or 818 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in June 2020 the House Price Index for GREATER LONDON was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £530,000 results in an estimated price of approximately £646,589.
1 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £530,000 | £116,589 | £646,589 |
The Postcode Pricing Model uses changes in average sales price within the E4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 41545.600 % | £220,191,679 | £220,721,679 |
3 Month Average | 27.935 % | £148,056 | £678,056 |
6 Month Average | 11.730 % | £62,171 | £592,171 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £212,531 | £206,000 | FLAT 4 FERN COURT, 121 HIGHAM STATION AVENUE |
10 Nov 2023 | £712,075 | £694,000 | 4 WOODSIDE GARDENS |
12 Jan 2023 | £674,803 | £673,000 | 9 WOODSIDE GARDENS |
3 Mar 2022 | £762,071 | £730,000 | 36 WOODSIDE GARDENS |
18 Nov 2021 | £245,142 | £225,000 | FLAT 16 ELM COURT, 119 HIGHAM STATION AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 5 Feb 2014. Using an estimated price of £646,589 means this house is valued at £8,507 per sq meter (£790 per sq foot).
The average size of a house on UNDERWOOD ROAD is 112 sq meters (1,211 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).