£233,253
This estimated value is based upon the latest sale price for the house of £195,000 on 21 Sep 2020. 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 |
|---|---|
| £195,000 | 21 Sep 2020 |
| £220,000 | 27 Nov 2018 |
| £179,995 | 15 May 2015 |
| £45,000 | 15 May 1998 |
| £30,000 | 22 Jan 1998 |
| Freehold |
| Floor Area: 57 sq meters or 613 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 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £195,000 results in an estimated price of approximately £233,253.
| 21 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £195,000 | £38,253 | £233,253 |
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 | 52.209 % | £101,806 | £296,806 |
| 3 Month Average | 25.054 % | £48,856 | £243,856 |
| 6 Month Average | 18.703 % | £36,470 | £231,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £361,096 | £350,000 | 316 ABBS CROSS LANE |
| 29 Sep 2023 | £490,820 | £480,000 | 72 BENHURST AVENUE |
| 15 Sep 2023 | £516,383 | £505,000 | 258 ABBS CROSS LANE |
| 14 Apr 2023 | £428,005 | £420,000 | 25 ELM PARK AVENUE |
| 17 Jan 2023 | £641,715 | £640,000 | 30 BENHURST AVENUE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 13 Apr 2014. Using an estimated price of £233,253 means this house is valued at £4,092 per sq meter (£380 per sq foot).
The average size of a house on ABBS CROSS LANE is 91 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Abbs Cross Lane |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Abbs Cross Lane |
| Sep 2024 | Robbery | Investigation complete; no suspect identified | On or near Abbs Cross Lane |
| Aug 2024 | Anti-social behaviour | On or near Abbs Cross Lane | |
| Aug 2024 | Anti-social behaviour | On or near Abbs Cross Lane |