£476,752
This estimated value is based upon the latest sale price for the house of £388,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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338 Hook Road, Chessington, KT9 1NU
Phone: 02080338762
Price Paid | Date |
---|---|
£388,000 | 31 Jan 2020 |
Semi-Detached |
Freehold |
Floor Area: 90 sq meters or 968 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 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £388,000 results in an estimated price of approximately £476,752.
31 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 149.7 | 22.874 % | £388,000 | £88,752 | £476,752 |
The Postcode Pricing Model uses changes in average sales price within the KT9 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 | 3.620 % | £14,044 | £402,044 |
3 Month Average | 25.393 % | £98,525 | £486,525 |
6 Month Average | 27.806 % | £107,888 | £495,888 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Mar 2023 | £211,533 | £208,000 | 2B ARCADE PARADE |
7 Mar 2023 | £355,944 | £350,000 | FLAT 1 318 HOOK ROAD |
6 Jan 2023 | £641,715 | £640,000 | 274 HOOK ROAD |
10 May 2022 | £535,450 | £521,500 | 6 CECIL CLOSE |
28 Feb 2022 | £230,308 | £218,000 | 8A ARCADE PARADE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 13 Nov 2019. Using an estimated price of £476,752 means this house is valued at £5,297 per sq meter (£492 per sq foot).
The average size of a house on CECIL CLOSE is 98 sq meters (1,063 sq feet).