£358,828
This estimated value is based upon the latest sale price for the house of £292,500 on 23 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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12B The Arcade, Farnham Road, Harold Hill, London, RM3 8EB
Phone: 01708954815
Price Paid | Date |
---|---|
£292,500 | 23 Dec 2019 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £292,500 results in an estimated price of approximately £358,828.
23 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.676 % | £292,500 | £66,328 | £358,828 |
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 | 52.692 % | £154,124 | £446,624 |
3 Month Average | -7.405 % | £-21,661 | £270,838 |
6 Month Average | 10.850 % | £31,736 | £324,236 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £188,295 | £185,000 | 7 RINGWOOD HOUSE KINGS LYNN DRIVE |
28 Sep 2023 | £192,461 | £190,000 | 5 LINCOLN HOUSE KINGS LYNN DRIVE |
20 Sep 2023 | £207,655 | £205,000 | 4 WANTAGE HOUSE KINGS LYNN DRIVE |
8 Sep 2023 | £172,202 | £170,000 | 29 FARNHAM ROAD |
25 Aug 2023 | £257,251 | £255,000 | 53 FARNHAM ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 9 Dec 2014. Using an estimated price of £358,829 means this house is valued at £5,276 per sq meter (£490 per sq foot).
The average size of a house on CHIPPENHAM ROAD is 84 sq meters (908 sq feet).