£266,862
This estimated value is based upon the latest sale price for the house of £165,000 on 12 Mar 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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12B The Arcade, Farnham Road, Harold Hill, London, RM3 8EB
Phone: 01708954815
Price Paid | Date |
---|---|
£165,000 | 12 Mar 2007 |
£220,000 | 24 Nov 2004 |
£179,995 | 25 Jul 2003 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 779 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 March 2007 the House Price Index for GREATER LONDON was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £165,000 results in an estimated price of approximately £266,862.
12 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 148.6 | 61.735 % | £165,000 | £101,862 | £266,862 |
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 | 336.211 % | £554,748 | £719,748 |
3 Month Average | 127.554 % | £210,464 | £375,464 |
6 Month Average | 98.832 % | £163,072 | £328,072 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £380,635 | £375,000 | 4 DAWLISH WALK |
27 Jun 2023 | £409,966 | £405,000 | 20 LAUNCESTON CLOSE |
9 Jun 2023 | £399,843 | £395,000 | 42 STRAIGHT ROAD |
26 Jan 2023 | £462,820 | £465,000 | 52 MASEFIELD CRESCENT |
5 Jan 2023 | £447,890 | £450,000 | 50 MASEFIELD CRESCENT |
This house has a floor area of 72 sq meters or 779 sq feet when measured on 28 Apr 2011. Using an estimated price of £266,863 means this house is valued at £3,685 per sq meter (£342 per sq foot).
The average size of a house on STRAIGHT ROAD is 84 sq meters (906 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other crime | Under investigation | On or near Launceston Close |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Launceston Close |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Launceston Close |
Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Launceston Close |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Appledore Close |