£460,036
This estimated value is based upon the latest sale price for the house of £375,000 on 9 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Queens Park Road, Harold Wood, RM3 0HJ
Phone: 01708954535
| Price Paid | Date |
|---|---|
| £375,000 | 9 Dec 2019 |
| £275,000 | 25 Jun 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 85 sq meters or 914 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 December 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £375,000 results in an estimated price of approximately £460,036.
| 9 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £375,000 | £85,036 | £460,036 |
The Postcode Pricing Model uses changes in average sales price within the RM14 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 | -12.225 % | £-45,842 | £329,157 |
| 3 Month Average | 15.232 % | £57,119 | £432,119 |
| 6 Month Average | 5.560 % | £20,850 | £395,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £526,735 | £520,000 | 21 DART CLOSE |
| 6 Jun 2023 | £344,169 | £340,000 | 19 CORNSLAND CLOSE |
| 9 Mar 2023 | £1,312,364 | £1,300,000 | EMANUEL COTTAGE HALL LANE |
| 19 Jan 2023 | £363,289 | £365,000 | 23 CORNSLAND CLOSE |
| 30 Nov 2022 | £459,435 | £465,000 | 5 CORNSLAND CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 29 May 2019. Using an estimated price of £460,037 means this house is valued at £5,412 per sq meter (£502 per sq foot).
The average size of a house on CORNSLAND CLOSE is 99 sq meters (1,068 sq feet).