£697,677
This estimated value is based upon the latest sale price for the house of £575,000 on 30 Mar 2020. 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 |
---|---|
£575,000 | 30 Mar 2020 |
£136,500 | 21 Jun 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 581 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 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £575,000 results in an estimated price of approximately £697,677.
30 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £575,000 | £122,677 | £697,677 |
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 | 104.858 % | £602,935 | £1,177,935 |
3 Month Average | -12.431 % | £-71,476 | £503,523 |
6 Month Average | -4.235 % | £-24,348 | £550,651 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 May 2024 | £207,500 | £207,500 | FLAT 28 TURNER HOUSE, 26 CLEVEDON ROAD |
10 Aug 2022 | £663,101 | £660,000 | FLAT 3 TURNER HOUSE, 26 CLEVEDON ROAD |
31 Mar 2022 | £965,638 | £925,000 | FLAT 5 BLANCHARD HOUSE, 28 CLEVEDON ROAD |
8 Mar 2022 | £2,014,791 | £1,930,000 | FLAT 29 LEICESTER COURT, 24 CLEVEDON ROAD |
27 Jan 2022 | £1,081,402 | £1,020,000 | FLAT 11 LEICESTER COURT, 24 CLEVEDON ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 3 Jan 2019. Using an estimated price of £697,678 means this house is valued at £12,919 per sq meter (£1,200 per sq foot).
The average size of a house on CAMBRIDGE ROAD is 118 sq meters (1,270 sq feet).