£624,860
This estimated value is based upon the latest sale price for the house of £493,000 on 1 Sep 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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12B The Arcade, Farnham Road, Harold Hill, London, RM3 8EB
Phone: 01708954815
Price Paid | Date |
---|---|
£493,000 | 1 Sep 2017 |
Detached |
Freehold |
Floor Area: 175 sq meters or 1,883 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 September 2017 the House Price Index for GREATER LONDON was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £493,000 results in an estimated price of approximately £624,860.
1 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 148.6 | 26.747 % | £493,000 | £131,860 | £624,860 |
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 | 46.436 % | £228,929 | £721,929 |
3 Month Average | -3.136 % | £-15,458 | £477,541 |
6 Month Average | 18.997 % | £93,655 | £586,655 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £548,115 | £540,000 | SUMMER LEA NOAK HILL ROAD |
28 Apr 2023 | £454,898 | £450,000 | WHY WORRY NOAK HILL ROAD |
15 Mar 2023 | £489,613 | £485,000 | GREEN OAKS NOAK HILL ROAD |
21 Oct 2022 | £427,398 | £432,000 | 10 GREENBANK CLOSE |
23 Sep 2022 | £595,194 | £600,000 | THE BUNGALOW NOAK HILL ROAD |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 9 Dec 2019. Using an estimated price of £624,861 means this house is valued at £3,570 per sq meter (£331 per sq foot).
The average size of a house on THE MOUNT is 131 sq meters (1,410 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Noak Hill Road |
Jan 2024 | Other theft | Under investigation | On or near The Green |
Jan 2024 | Violence and sexual offences | Under investigation | On or near The Green |
Jan 2024 | Violence and sexual offences | Under investigation | On or near The Green |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near The Green |