£1,150,347
This estimated value is based upon the latest sale price for the house of £235,000 on 8 Dec 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3 Station Approach, Hayes Lane, Kenley, CR8 5JD
Phone: 02034630121
| Price Paid | Date |
|---|---|
| £235,000 | 8 Dec 1997 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 December 1997 the House Price Index for GREATER LONDON was 30.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 389.509%.Applying this 389.509% change to the original purchase price of £235,000 results in an estimated price of approximately £1,150,347.
| 8 Dec 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 148.6 | 389.509 % | £235,000 | £915,347 | £1,150,347 |
The Postcode Pricing Model uses changes in average sales price within the CR8 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 | 149.852 % | £352,152 | £587,152 |
| 3 Month Average | 263.848 % | £620,042 | £855,042 |
| 6 Month Average | 282.979 % | £665,000 | £900,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £819,635 | £807,500 | 37 WELCOMES ROAD |
| 3 Mar 2023 | £959,035 | £950,000 | 73 WELCOMES ROAD |
| 1 Feb 2023 | £49,966 | £50,000 | 12 ABBOTS LANE |
| 29 Apr 2022 | £823,839 | £800,000 | 67 WELCOMES ROAD |
| 29 Apr 2022 | £463,410 | £450,000 | FLAT 8 OAKHILL HOUSE, 32 WELCOMES ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 21 Sep 2018. Using an estimated price of £1,150,347 means this house is valued at £9,507 per sq meter (£883 per sq foot).
The average size of a house on ABBOTS LANE is 184 sq meters (1,982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Chertsey Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near The Towers |
| Jan 2024 | Vehicle crime | Under investigation | On or near Cumnor Rise |