£496,161
This estimated value is based upon the latest sale price for the house of £485,000 on 14 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Queens Park Road, Harold Wood, RM3 0HJ
Phone: 01708954535
| Price Paid | Date |
|---|---|
| £485,000 | 14 Mar 2022 |
| £197,500 | 28 Jun 2002 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 March 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 2.301%.Applying this 2.301% change to the original purchase price of £485,000 results in an estimated price of approximately £496,161.
| 14 Mar 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 146.7 | 2.301 % | £485,000 | £11,161 | £496,161 |
The Postcode Pricing Model uses changes in average sales price within the RM3 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 | 100.648 % | £488,145 | £973,145 |
| 3 Month Average | 3.500 % | £16,974 | £501,974 |
| 6 Month Average | -0.228 % | £-1,104 | £483,895 |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 28 Jun 2019.
The average size of a house on COLCHESTER ROAD is 95 sq meters (1,030 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Willow Way |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |