£809,321
This estimated value is based upon the latest sale price for the house of £670,000 on 26 Aug 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Office 9, Cedar House, Hainault Business Park, 58 Peregrine Road, Hainault, IG6 3SZ
Phone: 02045162057
Price Paid | Date |
---|---|
£670,000 | 26 Aug 2020 |
Detached |
Freehold |
Floor Area: 160 sq meters or 1,722 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 August 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £670,000 results in an estimated price of approximately £809,321.
26 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £670,000 | £139,321 | £809,321 |
The Postcode Pricing Model uses changes in average sales price within the IG7 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 | -44.898 % | £-300,814 | £369,185 |
3 Month Average | 3.856 % | £25,837 | £695,837 |
6 Month Average | 7.668 % | £51,372 | £721,372 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £568,738 | £560,000 | 61 FIVE OAKS LANE |
18 Dec 2023 | £443,632 | £430,000 | 65 FIVE OAKS LANE |
7 Sep 2023 | £311,875 | £305,000 | FLAT 11 LUPINE HOUSE, 10 PERIWINKLE GARDENS |
1 Sep 2023 | £323,123 | £316,000 | 6 FOXGLOVE HOUSE, 16 FOXGLOVE GARDENS |
29 Aug 2023 | £325,878 | £320,000 | FLAT 6 HAMLET HOUSE, 80 FIVE OAKS LANE |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 31 May 2019. Using an estimated price of £809,321 means this house is valued at £5,058 per sq meter (£469 per sq foot).
The average size of a house on CHALKHILL CLOSE is 173 sq meters (1,862 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Thistle Close |