£309,813
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Jul 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
12B The Arcade, Farnham Road, Harold Hill, London, RM3 8EB
Phone: 01708954815
Price Paid | Date |
---|---|
£250,000 | 12 Jul 2018 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 July 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £250,000 results in an estimated price of approximately £309,813.
12 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 148.6 | 23.926 % | £250,000 | £59,813 | £309,813 |
The Postcode Pricing Model uses changes in average sales price within the RM3 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 | 5.320 % | £13,301 | £263,301 |
3 Month Average | -12.005 % | £-30,011 | £219,988 |
6 Month Average | 10.781 % | £26,953 | £276,953 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £386,441 | £381,500 | 20 HEATON AVENUE |
2 Jun 2023 | £379,598 | £375,000 | 21 HEATON CLOSE |
6 Apr 2023 | £264,852 | £262,000 | 52 TENNYSON ROAD |
22 Jul 2022 | £426,147 | £425,000 | 38 HEATON CLOSE |
18 Mar 2022 | £404,142 | £390,000 | 6 HEATON CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 4 Jul 2018. Using an estimated price of £309,814 means this house is valued at £4,130 per sq meter (£383 per sq foot).
The average size of a house on HEATON AVENUE is 86 sq meters (926 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Under investigation | On or near Willets Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Willets Close |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Heaton Close |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Heaton Close |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Heaton Close |