£615,454
This estimated value is based upon the latest sale price for the house of £350,000 on 2 May 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40-42 Hill Rise, Richmond, TW10 6UA
Phone: 02080223393
Price Paid | Date |
---|---|
£350,000 | 2 May 2006 |
£272,500 | 16 Nov 2001 |
£107,000 | 17 Apr 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 712 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 2006 the House Price Index for GREATER LONDON was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £350,000 results in an estimated price of approximately £615,454.
2 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 149.7 | 75.844 % | £350,000 | £265,454 | £615,454 |
The Postcode Pricing Model uses changes in average sales price within the TW1 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 | 126.595 % | £443,084 | £793,084 |
3 Month Average | 82.455 % | £288,591 | £638,591 |
6 Month Average | 84.712 % | £296,490 | £646,490 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £434,877 | £425,000 | FLAT 5 34 CAMBRIDGE PARK |
1 Sep 2023 | £1,191,260 | £1,165,000 | 5 POWERS COURT CAMBRIDGE PARK |
31 Mar 2023 | £574,596 | £565,000 | 9 BEAULIEU CLOSE |
26 Aug 2022 | £667,119 | £664,000 | FLAT 7 29 CAMBRIDGE PARK |
25 Aug 2022 | £582,725 | £580,000 | 12A ROSELEIGH CLOSE |
This house has a floor area of 66 sq meters or 712 sq feet when measured on 18 May 2009. Using an estimated price of £615,454 means this house is valued at £9,296 per sq meter (£863 per sq foot).
The average size of a house on CAMBRIDGE PARK is 84 sq meters (909 sq feet).