£485,428
This estimated value is based upon the latest sale price for the house of £465,000 on 31 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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38 The Broadway, Elm Park, RM12 4RN
Phone: 01708573583
| Price Paid | Date |
|---|---|
| £465,000 | 31 Mar 2022 |
| £430,000 | 19 Nov 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 March 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £465,000 results in an estimated price of approximately £485,428.
| 31 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £465,000 | £20,428 | £485,428 |
The Postcode Pricing Model uses changes in average sales price within the RM12 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 | -14.413 % | £-67,019 | £397,980 |
| 3 Month Average | 5.581 % | £25,952 | £490,952 |
| 6 Month Average | 8.528 % | £39,657 | £504,657 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2024 | £416,000 | £416,000 | 43 ROSEBANK AVENUE |
| 20 Mar 2024 | £436,710 | £430,000 | 29 ROSEBANK AVENUE |
| 8 Dec 2023 | £464,266 | £450,000 | 30 HUNTER DRIVE |
| 8 Nov 2023 | £569,455 | £555,000 | 15 ROSEBANK AVENUE |
| 19 Sep 2023 | £548,082 | £536,000 | 5 ROSEBANK AVENUE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 29 Sep 2021. Using an estimated price of £485,429 means this house is valued at £5,276 per sq meter (£490 per sq foot).
The average size of a house on ROSEBANK AVENUE is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fernbank Avenue |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Hunter Drive |
| Aug 2024 | Burglary | Under investigation | On or near Lawford Close |
| Jul 2024 | Burglary | Under investigation | On or near Farm Way |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Farm Way |