£868,455
This estimated value is based upon the latest sale price for the house of £800,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Thorndale, Lubbock Road, Chislehurst, BR7 5JN
Phone: 02080336542
| Price Paid | Date |
|---|---|
| £800,000 | 24 Sep 2021 |
| £416,500 | 12 Feb 2010 |
| £305,000 | 19 Dec 2005 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 September 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £800,000 results in an estimated price of approximately £868,455.
| 24 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £800,000 | £68,455 | £868,455 |
The Postcode Pricing Model uses changes in average sales price within the BR1 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 | -3.121 % | £-24,964 | £775,035 |
| 3 Month Average | 16.547 % | £132,379 | £932,379 |
| 6 Month Average | 3.136 % | £25,089 | £825,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £1,124,555 | £1,090,000 | JANDOR WOODLANDS ROAD |
| 29 Sep 2023 | £628,863 | £615,000 | FLAT 4 PHOENIX HOUSE WOODLANDS ROAD |
| 22 Sep 2023 | £710,666 | £695,000 | FLAT 11 PHOENIX HOUSE WOODLANDS ROAD |
| 22 Sep 2023 | £654,426 | £640,000 | FLAT 1 PHOENIX HOUSE WOODLANDS ROAD |
| 22 Sep 2023 | £690,215 | £675,000 | FLAT 9 PHOENIX HOUSE WOODLANDS ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 25 May 2021. Using an estimated price of £868,455 means this house is valued at £7,237 per sq meter (£672 per sq foot).
The average size of a house on MEREWOOD CLOSE is 145 sq meters (1,561 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | On or near Chislehurst (Station) | |
| May 2024 | Vehicle crime | On or near Chislehurst (Station) | |
| May 2024 | Vehicle crime | On or near Chislehurst (Station) | |
| Apr 2024 | Criminal damage and arson | On or near Chislehurst (Station) | |
| Apr 2024 | Criminal damage and arson | On or near Chislehurst (Station) |