£693,587
This estimated value is based upon the latest sale price for the house of £215,000 on 30 Nov 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Royal Parade, Richmond, TW9 3QD
Phone: 02081151052
| Price Paid | Date |
|---|---|
| £215,000 | 30 Nov 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 November 2001 the House Price Index for GREATER LONDON was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £215,000 results in an estimated price of approximately £693,587.
| 30 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £215,000 | £478,587 | £693,587 |
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 | 246.747 % | £530,506 | £745,506 |
| 3 Month Average | 177.214 % | £381,009 | £596,009 |
| 6 Month Average | 167.623 % | £360,390 | £575,390 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £637,000 | £637,000 | 13B KEW GARDENS ROAD |
| 16 Aug 2023 | £998,000 | £980,000 | 19 PRINCES ROAD |
| 14 Aug 2023 | £519,367 | £510,000 | 3 CLARENDON COURT KEW GARDENS ROAD |
| 30 Jun 2023 | £5,357,362 | £5,250,000 | 6 LICHFIELD ROAD |
| 13 Feb 2023 | £845,649 | £840,000 | 6 CLARENDON COURT KEW GARDENS ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 4 Feb 2020. Using an estimated price of £693,588 means this house is valued at £13,086 per sq meter (£1,215 per sq foot).
The average size of a house on BROOMFIELD ROAD is 115 sq meters (1,243 sq feet).