£496,759
This estimated value is based upon the latest sale price for the house of £300,000 on 2 Jul 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been five burglaries within the last year on or near Merriam Close
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2 Broadway Parade, Winchester Road, Highams Park, E4 9LG
Phone: 02081667680
| Price Paid | Date |
|---|---|
| £300,000 | 2 Jul 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 896 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 2008 the House Price Index for GREATER LONDON was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.586%.Applying this 65.586% change to the original purchase price of £300,000 results in an estimated price of approximately £496,759.
| 2 Jul 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.586 % | £300,000 | £196,759 | £496,759 |
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 | 69.115 % | £207,345 | £507,345 |
| 3 Month Average | 82.850 % | £248,550 | £548,550 |
| 6 Month Average | 71.758 % | £215,273 | £515,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £296,537 | £290,000 | 88 ROLLS COURT INKS GREEN |
| 10 Mar 2023 | £328,486 | £323,000 | 74 ROLLS COURT INKS GREEN |
| 23 Sep 2021 | £656,769 | £605,000 | 26 ROPERS AVENUE |
| 11 Mar 2021 | £543,854 | £485,000 | 41 MERRIAM CLOSE |
| 8 Mar 2021 | £392,472 | £350,000 | 37 MERRIAM CLOSE |
This house has a floor area of 83 sq meters or 896 sq feet when measured on 24 Mar 2011. Using an estimated price of £496,759 means this house is valued at £5,962 per sq meter (£553 per sq foot).
The average size of a house on INKS GREEN is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Merriam Close |
| Apr 2024 | Burglary | Under investigation | On or near Merriam Close |
| Apr 2024 | Burglary | Under investigation | On or near Merriam Close |
| Apr 2024 | Burglary | Under investigation | On or near Merriam Close |
| Apr 2024 | Burglary | Under investigation | On or near Merriam Close |