£595,597
This estimated value is based upon the latest sale price for the house of £485,000 on 1 Jun 2018. 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 |
|---|---|
| £485,000 | 1 Jun 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 June 2018 the House Price Index for GREATER LONDON was 119.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.804%.Applying this 22.804% change to the original purchase price of £485,000 results in an estimated price of approximately £595,597.
| 1 Jun 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 146.7 | 22.804 % | £485,000 | £110,597 | £595,597 |
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 | 4.936 % | £23,939 | £508,939 |
| 3 Month Average | -15.081 % | £-73,143 | £411,856 |
| 6 Month Average | 13.493 % | £65,439 | £550,439 |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 24 Aug 2017.
The average size of a house on ELMSTEAD AVENUE is 98 sq meters (1,063 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Storth Oaks Mead |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Storth Oaks Mead |
| Jan 2024 | Burglary | Under investigation | On or near Oakdene Avenue |