£516,383
This estimated value is based upon the latest sale price for the house of £505,000 on 15 Sep 2023. 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 |
|---|---|
| £505,000 | 15 Sep 2023 |
| £350,000 | 28 Oct 2016 |
| £219,000 | 2 Sep 2005 |
| £175,000 | 13 May 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 952 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 2023 the House Price Index for GREATER LONDON was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £505,000 results in an estimated price of approximately £516,383.
| 15 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £505,000 | £11,383 | £516,383 |
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 | 7.200 % | £36,361 | £541,361 |
| 3 Month Average | 4.124 % | £20,828 | £525,828 |
| 6 Month Average | 0.309 % | £1,559 | £506,559 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £490,820 | £480,000 | 72 BENHURST AVENUE |
| 15 Sep 2023 | £516,383 | £505,000 | 258 ABBS CROSS LANE |
| 25 Aug 2023 | £590,653 | £580,000 | 195 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 88 sq meters or 952 sq feet when measured on 25 Jan 2010. Using an estimated price of £516,383 means this house is valued at £5,837 per sq meter (£542 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 | Anti-social behaviour | On or near Cedar Road | |
| Sep 2024 | Anti-social behaviour | On or near Cedar Road | |
| Sep 2024 | Anti-social behaviour | On or near Cedar Road | |
| Sep 2024 | Anti-social behaviour | On or near Cedar Road | |
| Sep 2024 | Anti-social behaviour | On or near Cedar Road |