£461,198
This estimated value is based upon the latest sale price for the house of £181,995 on 28 Nov 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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85 Main Road, Gidea Park, RM2 5EL
Phone: 01708954047
Price Paid | Date |
---|---|
£181,995 | 28 Nov 2002 |
£100,000 | 16 Mar 2001 |
Semi-Detached |
Freehold |
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 November 2002 the House Price Index for GREATER LONDON was 57.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 153.413%.Applying this 153.413% change to the original purchase price of £181,995 results in an estimated price of approximately £461,198.
28 Nov 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
57.9 | 146.7 | 153.413 % | £181,995 | £279,203 | £461,198 |
The Postcode Pricing Model uses changes in average sales price within the RM3 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 | 456.946 % | £831,618 | £1,013,613 |
3 Month Average | 195.930 % | £356,582 | £538,577 |
6 Month Average | 176.321 % | £320,895 | £502,890 |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Elliott Gardens |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Elliott Gardens |
Jan 2024 | Burglary | Under investigation | On or near Ruskin Gardens |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Ruskin Gardens |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bell Avenue |