£477,803
This estimated value is based upon the latest sale price for the house of £350,000 on 5 Feb 2016. 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 |
---|---|
£350,000 | 5 Feb 2016 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 February 2016 the House Price Index for GREATER LONDON was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £350,000 results in an estimated price of approximately £477,803.
5 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 148.6 | 36.515 % | £350,000 | £127,803 | £477,803 |
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 | 186.246 % | £651,860 | £1,001,860 |
3 Month Average | 44.003 % | £154,011 | £504,011 |
6 Month Average | 21.621 % | £75,674 | £425,674 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Apr 2023 | £485,225 | £480,000 | 10 PETERSFIELD AVENUE |
11 Jun 2021 | £536,462 | £500,000 | 100 GOOSHAYS DRIVE |
27 Nov 2020 | £307,229 | £265,000 | FLAT 4 DEERWOOD HOUSE, 1 MEADFARM CLOSE |
25 Sep 2020 | £466,047 | £392,500 | 25 BERNWELLE AVENUE |
28 Aug 2020 | £455,645 | £380,000 | 42 COLLERNE STREET |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 28 Jan 2016. Using an estimated price of £477,803 means this house is valued at £4,638 per sq meter (£430 per sq foot).
The average size of a house on SMITHSLAND ROAD is 98 sq meters (1,056 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Bernwelle Avenue |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Bernwelle Avenue |
Jan 2024 | Vehicle crime | Under investigation | On or near Oldmead Close |