£505,398
This estimated value is based upon the latest sale price for the house of £395,000 on 31 Aug 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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20 Collier Row Road, Collier Row, RM5 3NX
Phone: 01708573588
| Price Paid | Date |
|---|---|
| £395,000 | 31 Aug 2017 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 August 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £395,000 results in an estimated price of approximately £505,398.
| 31 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £395,000 | £110,398 | £505,398 |
The Postcode Pricing Model uses changes in average sales price within the RM5 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 | 35.065 % | £138,507 | £533,507 |
| 3 Month Average | 9.193 % | £36,312 | £431,312 |
| 6 Month Average | 7.170 % | £28,323 | £423,323 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £283,437 | £277,000 | 6 RAMSDEN DRIVE |
| 3 Oct 2023 | £409,296 | £400,000 | 1 DOWNHAM CLOSE |
| 1 Sep 2023 | £383,453 | £375,000 | 4 RIVERSDALE ROAD |
| 21 Jul 2022 | £555,567 | £550,000 | 11 RAMSDEN DRIVE |
| 20 Jul 2022 | £550,516 | £545,000 | 1 RAMSDEN DRIVE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 12 May 2017. Using an estimated price of £505,399 means this house is valued at £5,553 per sq meter (£515 per sq foot).
The average size of a house on RAMSDEN DRIVE is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Downham Close |