£437,047
This estimated value is based upon the latest sale price for the house of £378,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Prospect Road
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29 Station Road, Harold Wood, RM3 0BP
Phone: 01708629050
| Price Paid | Date |
|---|---|
| £378,000 | 18 Dec 2020 |
| £235,000 | 17 Jun 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £378,000 results in an estimated price of approximately £437,047.
| 18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £378,000 | £59,047 | £437,047 |
The Postcode Pricing Model uses changes in average sales price within the RM11 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 | 20.048 % | £75,780 | £453,780 |
| 3 Month Average | 6.580 % | £24,872 | £402,872 |
| 6 Month Average | 4.192 % | £15,846 | £393,846 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2024 | £310,000 | £310,000 | 9 RAVENSBOURNE CRESCENT |
| 19 Apr 2024 | £282,453 | £280,000 | 52 RAVENSBOURNE CRESCENT |
| 10 Oct 2023 | £537,201 | £525,000 | 22 PROSPECT ROAD |
| 22 Feb 2023 | £435,409 | £432,500 | 10 RISINGS TERRACE |
| 10 Feb 2023 | £417,791 | £415,000 | 6 PROSPECT ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 6 Dec 2019. Using an estimated price of £437,047 means this house is valued at £6,070 per sq meter (£563 per sq foot).
The average size of a house on PROSPECT ROAD is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Prospect Road | |
| Sep 2024 | Anti-social behaviour | On or near Prospect Road | |
| Sep 2024 | Burglary | Awaiting court outcome | On or near Prospect Road |
| Sep 2024 | Vehicle crime | Awaiting court outcome | On or near Prospect Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Prospect Road |