£367,043
This estimated value is based upon the latest sale price for the house of £350,000 on 28 Feb 2022. 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 |
---|---|
£350,000 | 28 Feb 2022 |
£62,500 | 17 Dec 1998 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,033 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 February 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £350,000 results in an estimated price of approximately £367,043.
28 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £350,000 | £17,043 | £367,043 |
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 | 13.472 % | £47,153 | £397,153 |
3 Month Average | -21.198 % | £-74,191 | £275,808 |
6 Month Average | 6.410 % | £22,435 | £372,435 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £235,857 | £233,000 | 15 DUNSTABLE ROAD |
15 Jun 2023 | £418,064 | £413,000 | 30 CHIPPENHAM ROAD |
6 Jun 2023 | £308,740 | £305,000 | 39 NEWBURY CLOSE |
8 Jul 2022 | £383,031 | £382,000 | 18 NEWBURY GARDENS |
29 Jun 2022 | £370,232 | £365,000 | 9 NEWBURY GARDENS |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 28 May 2021. Using an estimated price of £367,043 means this house is valued at £3,823 per sq meter (£355 per sq foot).
The average size of a house on CHIPPENHAM ROAD is 84 sq meters (908 sq feet).