£1,930,873
This estimated value is based upon the latest sale price for the house of £1,875,000 on 27 Apr 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Thorndale, Lubbock Road, Chislehurst, BR7 5JN
Phone: 02080336542
| Price Paid | Date |
|---|---|
| £1,875,000 | 27 Apr 2022 |
| £485,000 | 10 Dec 2001 |
| Detached |
| Freehold |
| Floor Area: 352 sq meters or 3,788 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 April 2022 the House Price Index for GREATER LONDON was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £1,875,000 results in an estimated price of approximately £1,930,873.
| 27 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £1,875,000 | £55,873 | £1,930,873 |
The Postcode Pricing Model uses changes in average sales price within the BR7 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 | -31.114 % | £-583,382 | £1,291,617 |
| 3 Month Average | -4.002 % | £-75,044 | £1,799,955 |
| 6 Month Average | 3.120 % | £58,503 | £1,933,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jan 2023 | £1,662,170 | £1,670,000 | 59 YESTER ROAD |
| 22 Jul 2022 | £1,073,891 | £1,071,000 | 18 GREATWOOD |
| 27 Apr 2022 | £1,930,873 | £1,875,000 | 18 OAKWOOD CLOSE |
| 11 Mar 2022 | £1,844,547 | £1,780,000 | 36 YESTER ROAD |
| 11 Mar 2022 | £984,449 | £950,000 | 6 GREATWOOD |
This house has a floor area of 352 sq meters or 3,788 sq feet when measured on 9 Feb 2015. Using an estimated price of £1,930,873 means this house is valued at £5,485 per sq meter (£509 per sq foot).
The average size of a house on OAKWOOD CLOSE is 212 sq meters (2,286 sq feet).
This house is the largest in the street with a floor area of 352 sq meters (3,788 sq feet).