£2,013,610
This estimated value is based upon the latest sale price for the house of £530,000 on 14 Apr 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Royal Parade, Richmond, TW9 3QD
Phone: 02081151052
Price Paid | Date |
---|---|
£530,000 | 14 Apr 2000 |
Detached |
Freehold |
Floor Area: 209 sq meters or 2,249 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 April 2000 the House Price Index for GREATER LONDON was 39.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 279.926%.Applying this 279.926% change to the original purchase price of £530,000 results in an estimated price of approximately £2,013,610.
14 Apr 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.1 | 148.6 | 279.926 % | £530,000 | £1,483,610 | £2,013,610 |
The Postcode Pricing Model uses changes in average sales price within the TW9 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 | 350.724 % | £1,858,837 | £2,388,837 |
3 Month Average | 276.227 % | £1,464,001 | £1,994,001 |
6 Month Average | 243.937 % | £1,292,863 | £1,822,863 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £516,029 | £507,000 | 9 RUSKIN AVENUE |
24 Apr 2023 | £700,543 | £693,000 | 22A BURLINGTON AVENUE |
1 Feb 2023 | £1,379,072 | £1,380,000 | 45 DEFOE AVENUE |
4 May 2022 | £1,506,894 | £1,478,500 | 11 BURLINGTON AVENUE |
11 Apr 2022 | £1,081,289 | £1,050,000 | 19 RUSKIN AVENUE |
This house has a floor area of 209 sq meters or 2,249 sq feet when measured on 12 Jan 2018. Using an estimated price of £2,013,610 means this house is valued at £9,634 per sq meter (£895 per sq foot).
The average size of a house on MORTLAKE ROAD is 168 sq meters (1,813 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Defoe Avenue |