£461,953
This estimated value is based upon the latest sale price for the house of £300,000 on 7 May 2014. 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 |
---|---|
£300,000 | 7 May 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 May 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 53.985%.Applying this 53.985% change to the original purchase price of £300,000 results in an estimated price of approximately £461,953.
7 May 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 148.0 | 53.985 % | £300,000 | £161,953 | £461,953 |
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 | 39.074 % | £117,220 | £417,220 |
3 Month Average | 69.136 % | £207,406 | £507,406 |
6 Month Average | 61.368 % | £184,103 | £484,103 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £372,039 | £365,000 | FLAT 5 STIRLING HOUSE, 105 WARATAH DRIVE |
16 Jun 2023 | £534,332 | £530,000 | 58 WARATAH DRIVE |
15 Sep 2022 | £642,190 | £650,000 | 4 RAVENS DENE |
2 Sep 2022 | £745,928 | £755,000 | 44 WARATAH DRIVE |
18 Aug 2022 | £567,168 | £571,000 | 70 WARATAH DRIVE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 28 Mar 2014. Using an estimated price of £461,954 means this house is valued at £7,332 per sq meter (£681 per sq foot).
The average size of a house on WARATAH DRIVE is 84 sq meters (907 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Holt Close |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Holt Close |