£936,243
This estimated value is based upon the latest sale price for the house of £525,000 on 2 Sep 2009. 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 |
---|---|
£525,000 | 2 Sep 2009 |
Detached |
Freehold |
Floor Area: 169 sq meters or 1,822 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 September 2009 the House Price Index for GREATER LONDON was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £525,000 results in an estimated price of approximately £936,243.
2 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 148.6 | 78.332 % | £525,000 | £411,243 | £936,243 |
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 | 301.006 % | £1,580,282 | £2,105,282 |
3 Month Average | 125.234 % | £657,476 | £1,182,476 |
6 Month Average | 105.668 % | £554,755 | £1,079,755 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £734,390 | £725,000 | 50 SHEPHERDS HILL |
28 Apr 2023 | £586,313 | £580,000 | 71 SHEPHERDS HILL |
14 Apr 2023 | £732,891 | £725,000 | 18 SHEPHERDS HILL |
9 Mar 2023 | £1,312,364 | £1,300,000 | EMANUEL COTTAGE HALL LANE |
20 Feb 2023 | £479,677 | £480,000 | 8 SHEPHERDS HILL |
This house has a floor area of 169 sq meters or 1,822 sq feet when measured on 19 Jun 2009. Using an estimated price of £936,243 means this house is valued at £5,531 per sq meter (£513 per sq foot).
The average size of a house on SHEPHERDS HILL is 127 sq meters (1,374 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Shepherds Hill |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Shepherds Hill |