£436,727
This estimated value is based upon the latest sale price for the house of £196,000 on 12 Nov 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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38 The Broadway, Elm Park, RM12 4RN
Phone: 01708573583
Price Paid | Date |
---|---|
£196,000 | 12 Nov 2003 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 November 2003 the House Price Index for GREATER LONDON was 67.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 122.820%.Applying this 122.820% change to the original purchase price of £196,000 results in an estimated price of approximately £436,727.
12 Nov 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
67.2 | 149.7 | 122.820 % | £196,000 | £240,727 | £436,727 |
The Postcode Pricing Model uses changes in average sales price within the RM12 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 | 172.859 % | £338,803 | £534,803 |
3 Month Average | 155.848 % | £305,461 | £501,461 |
6 Month Average | 137.443 % | £269,387 | £465,387 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Jul 2024 | £416,000 | £416,000 | 43 ROSEBANK AVENUE |
3 May 2024 | £425,000 | £425,000 | 22 CANBERRA CLOSE |
20 Mar 2024 | £436,710 | £430,000 | 29 ROSEBANK AVENUE |
8 Dec 2023 | £464,266 | £450,000 | 30 HUNTER DRIVE |
8 Nov 2023 | £569,455 | £555,000 | 15 ROSEBANK AVENUE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 14 Jun 2016. Using an estimated price of £436,727 means this house is valued at £5,019 per sq meter (£466 per sq foot).
The average size of a house on HUNTER DRIVE is 85 sq meters (921 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hunter Drive |
Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Lawford Close |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fernbank Avenue |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fernbank Avenue |
Aug 2024 | Anti-social behaviour | On or near Canberra Close |