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Transactions for this house
Price PaidDate
£1,175,00029 May 2014
House Details

House Price Models

Land Registry House Price Index Model

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 May 2014 the House Price Index for GREATER LONDON was 91.9.

The House Price Index as of 1 Dec 2019 is 123.2 which is a change of 34.087%.

Applying this 34.087% change to the original purchase price of £1,175,000 gives us an estimated price now of around £1,575,527.

29 May 2014 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
91.9 123.2 34.087 % £1,175,000 £400,527 £1,575,527

The Postcode Pricing Model uses changes in average sales price within the SM2 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 -0.112 % £-1,318 £1,173,681
3 Month Average 52.904 % £621,623 £1,796,623
6 Month Average 53.658 % £630,485 £1,805,485

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In May 2014 the average sale price for the 50 nearest sales within two miles of 11 HIGHVIEW was £326,729.

In September 2020 the average sale price for the 15 nearest sales was £423,584. This is a change of 29.644%.

So taking the original purchase price of £1,175,000 and adjusting it by 29.644% gives an estimated price of £1,523,315.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 29 May 2014 Average price on 29 Sep 2020 % change Purchase Price Gain / Loss Estimated Price
£326,729 £423,584 29.644 % £1,175,000 £348,315 £1,523,315
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
27 Sep 2019 £927,478 £920,000 34 THE DENE
14 Aug 2019 £882,810 £875,000 39 WILBURY AVENUE
24 Jul 2019 £1,119,539 £1,100,000 5 WILBURY AVENUE
13 Jun 2019 £2,097,499 £2,050,000 THE KNOLL DOWNS SIDE
28 May 2019 £1,104,795 £1,071,000 34 DOWNS SIDE

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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