£299,104
This estimated value is based upon the latest sale price for the house of £53,000 on 8 Mar 1996. 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 |
---|---|
£53,000 | 8 Mar 1996 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 1996 the House Price Index for GREATER LONDON was 26.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 464.349%.Applying this 464.349% change to the original purchase price of £53,000 results in an estimated price of approximately £299,104.
8 Mar 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.3 | 148.6 | 464.349 % | £53,000 | £246,104 | £299,104 |
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 | 485.929 % | £257,542 | £310,542 |
3 Month Average | 325.557 % | £172,545 | £225,545 |
6 Month Average | 426.085 % | £225,824 | £278,824 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £187,780 | £185,000 | 2 TAUNTON HOUSE REDCAR ROAD |
30 Jun 2023 | £180,183 | £178,000 | 6 MARSDEN HOUSE LEAMINGTON CLOSE |
7 Jun 2023 | £185,244 | £183,000 | 7 CHEPSTOW HOUSE LEAMINGTON ROAD |
28 Feb 2023 | £194,869 | £195,000 | 10 TAUNTON HOUSE REDCAR ROAD |
23 Feb 2023 | £175,882 | £176,000 | 8 BRACKNELL HOUSE PETERSFIELD AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 23 Sep 2013. Using an estimated price of £299,105 means this house is valued at £3,398 per sq meter (£315 per sq foot).
The average size of a house on REDCAR ROAD is 69 sq meters (749 sq feet).