£587,033
This estimated value is based upon the latest sale price for the house of £110,000 on 31 Jan 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3 Lichfield Terrace, Sheen Road, Richmond, TW9 1AS
Phone: 02089439777
| Price Paid | Date |
|---|---|
| £110,000 | 31 Jan 1997 |
| 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 January 1997 the House Price Index for GREATER LONDON was 27.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 433.667%.Applying this 433.667% change to the original purchase price of £110,000 results in an estimated price of approximately £587,033.
| 31 Jan 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.8 | 148.6 | 433.667 % | £110,000 | £477,033 | £587,033 |
The Postcode Pricing Model uses changes in average sales price within the TW9 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 | 705.084 % | £775,591 | £885,591 |
| 3 Month Average | 487.592 % | £536,351 | £646,351 |
| 6 Month Average | 493.935 % | £543,328 | £653,328 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £605,596 | £595,000 | 59 LICHFIELD COURT SHEEN ROAD |
| 12 Sep 2022 | £297,597 | £300,000 | 121 LICHFIELD COURT SHEEN ROAD |
| 10 Jun 2022 | £253,584 | £250,000 | 144 LICHFIELD COURT SHEEN ROAD |
| 23 May 2022 | £377,106 | £370,000 | 49 LICHFIELD COURT SHEEN ROAD |
| 6 May 2022 | £550,370 | £540,000 | 131 LICHFIELD COURT SHEEN ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 11 Jun 2014. Using an estimated price of £587,034 means this house is valued at £9,318 per sq meter (£865 per sq foot).
The average size of a house on SHEEN ROAD is 65 sq meters (700 sq feet).