£585,547
This estimated value is based upon the latest sale price for the house of £235,000 on 31 Jan 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 High Street, Chislehurst, BR7 5AN
Phone: 02080334602
| Price Paid | Date |
|---|---|
| £235,000 | 31 Jan 2003 |
| £166,000 | 22 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 769 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 January 2003 the House Price Index for GREATER LONDON was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £235,000 results in an estimated price of approximately £585,547.
| 31 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 149.7 | 149.169 % | £235,000 | £350,547 | £585,547 |
The Postcode Pricing Model uses changes in average sales price within the BR7 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 | 71.725 % | £168,554 | £403,554 |
| 3 Month Average | 99.724 % | £234,350 | £469,350 |
| 6 Month Average | 119.006 % | £279,664 | £514,664 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £247,609 | £240,000 | TOP FLOOR FLAT 9 GREEN LANE |
| 13 Nov 2023 | £461,720 | £450,000 | 41 PARK ROAD |
| 2 Aug 2022 | £537,513 | £535,000 | 27 PARK ROAD |
| 20 Apr 2022 | £487,588 | £470,000 | 43 PARK ROAD |
| 25 Mar 2022 | £535,016 | £512,500 | 2 QUEENS ROAD |
This house has a floor area of 71 sq meters or 769 sq feet when measured on 23 Mar 2011. Using an estimated price of £585,548 means this house is valued at £8,191 per sq meter (£761 per sq foot).
The average size of a house on PARK ROAD is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Park Road | |
| Aug 2024 | Anti-social behaviour | On or near Park Road | |
| Aug 2024 | Anti-social behaviour | On or near Park Road | |
| Aug 2024 | Anti-social behaviour | On or near Park Road | |
| Nov 2024 | Burglary | Under investigation | On or near Alexander Road |