£578,692
This estimated value is based upon the latest sale price for the house of £465,000 on 16 Jan 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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428 Rayners Lane, Pinner, HA5 5DX
Phone: 02081154031
| Price Paid | Date |
|---|---|
| £465,000 | 16 Jan 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £465,000 results in an estimated price of approximately £578,692.
| 16 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £465,000 | £113,692 | £578,692 |
The Postcode Pricing Model uses changes in average sales price within the HA2 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 | 40.172 % | £186,801 | £651,801 |
| 3 Month Average | 14.126 % | £65,685 | £530,685 |
| 6 Month Average | 10.103 % | £46,979 | £511,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2024 | £755,000 | £755,000 | 20 THE RIDGEWAY |
| 16 Oct 2023 | £665,106 | £650,000 | 40 THE RIDGEWAY |
| 14 Sep 2023 | £751,568 | £735,000 | 2 THE RIDGEWAY |
| 25 Aug 2023 | £755,629 | £742,000 | GATHORNE, 519 RAYNERS LANE |
| 28 Nov 2022 | £729,588 | £733,000 | 77 LINCOLN ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 1 Mar 2018. Using an estimated price of £578,692 means this house is valued at £7,144 per sq meter (£663 per sq foot).
The average size of a house on LINCOLN CLOSE is 93 sq meters (1,008 sq feet).