£323,238
This estimated value is based upon the latest sale price for the house of £320,000 on 11 Jul 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Broadway Parade, Winchester Road, Highams Park, E4 9LG
Phone: 02081667680
| Price Paid | Date |
|---|---|
| £320,000 | 11 Jul 2022 |
| £145,000 | 28 May 2003 |
| £42,500 | 8 Nov 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 July 2022 the House Price Index for GREATER LONDON was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £320,000 results in an estimated price of approximately £323,238.
| 11 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £320,000 | £3,238 | £323,238 |
The Postcode Pricing Model uses changes in average sales price within the E4 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 | -6.772 % | £-21,671 | £298,328 |
| 3 Month Average | -9.507 % | £-30,423 | £289,576 |
| 6 Month Average | -8.116 % | £-25,969 | £294,030 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jul 2024 | £640,000 | £640,000 | 32 CAVENDISH ROAD |
| 11 Jul 2022 | £323,239 | £320,000 | 50A NEWBURY ROAD |
| 5 Jul 2022 | £737,389 | £730,000 | 31 CAVENDISH ROAD |
| 10 Jun 2022 | £705,072 | £690,000 | 9 HALDAN ROAD |
| 17 Jun 2021 | £355,605 | £329,000 | 42B NEWBURY ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 29 Jan 2019. Using an estimated price of £323,239 means this house is valued at £5,573 per sq meter (£517 per sq foot).
The average size of a house on NEWBURY ROAD is 78 sq meters (844 sq feet).