£320,857
This estimated value is based upon the latest sale price for the house of £320,000 on 16 Jan 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Kingston Hill, Kingston upon Thames, KT2 7NH
Phone: 02036415366
Price Paid | Date |
---|---|
£320,000 | 16 Jan 2023 |
£93,000 | 28 May 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 42 sq meters or 452 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 January 2023 the House Price Index for GREATER LONDON was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £320,000 results in an estimated price of approximately £320,857.
16 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 149.7 | 0.268 % | £320,000 | £857 | £320,857 |
The Postcode Pricing Model uses changes in average sales price within the KT2 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 | -14.162 % | £-45,317 | £274,682 |
3 Month Average | -16.674 % | £-53,356 | £266,643 |
6 Month Average | -13.563 % | £-43,401 | £276,598 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 May 2024 | £385,000 | £385,000 | FLAT 16 BRACKENDALE GLOUCESTER ROAD |
4 Mar 2024 | £375,773 | £370,000 | 2 JEMMETT CLOSE |
10 Oct 2023 | £373,483 | £365,000 | FLAT 1 BRACKENDALE GLOUCESTER ROAD |
6 Oct 2023 | £341,650 | £333,890 | FLAT 11 DEERHURST WESSEX CLOSE |
8 Aug 2023 | £341,153 | £335,000 | 23 JEMMETT CLOSE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 7 Oct 2021. Using an estimated price of £320,857 means this house is valued at £7,639 per sq meter (£709 per sq foot).
The average size of a house on JEMMETT CLOSE is 54 sq meters (582 sq feet).