£373,683
This estimated value is based upon the latest sale price for the house of £270,000 on 1 Dec 2015. 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 |
|---|---|
| £270,000 | 1 Dec 2015 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 December 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £270,000 results in an estimated price of approximately £373,683.
| 1 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £270,000 | £103,683 | £373,683 |
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 | 30.701 % | £82,894 | £352,894 |
| 3 Month Average | -0.518 % | £-1,399 | £268,600 |
| 6 Month Average | 28.661 % | £77,384 | £347,384 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £284,986 | £280,000 | 27 REDRUTH WALK |
| 17 Nov 2023 | £187,780 | £185,000 | 2 TAUNTON HOUSE REDCAR ROAD |
| 7 Jun 2023 | £185,244 | £183,000 | 7 CHEPSTOW HOUSE LEAMINGTON ROAD |
| 28 Feb 2023 | £194,869 | £195,000 | 10 TAUNTON HOUSE REDCAR ROAD |
| 27 Oct 2022 | £460,047 | £465,000 | 62 LEAMINGTON ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 8 Jul 2015. Using an estimated price of £373,684 means this house is valued at £5,338 per sq meter (£495 per sq foot).
The average size of a house on REDRUTH ROAD is 63 sq meters (684 sq feet).