£903,022
This estimated value is based upon the latest sale price for the house of £838,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40-42 Hill Rise, Richmond, TW10 6UA
Phone: 02080223393
| Price Paid | Date |
|---|---|
| £838,000 | 24 Sep 2021 |
| £600,000 | 12 Jun 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 484 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 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £838,000 results in an estimated price of approximately £903,022.
| 24 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £838,000 | £65,022 | £903,022 |
The Postcode Pricing Model uses changes in average sales price within the TW10 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 | -44.616 % | £-373,883 | £464,116 |
| 3 Month Average | -37.496 % | £-314,217 | £523,782 |
| 6 Month Average | -32.708 % | £-274,095 | £563,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £1,350,000 | £1,350,000 | FLAT 2 SPA HOUSE, 52 RICHMOND HILL |
| 27 Jun 2023 | £718,706 | £710,000 | 28 RICHMOND HILL COURT |
| 24 Mar 2023 | £716,753 | £710,000 | FLAT 25 PRIORS LODGE, 56 - 58 RICHMOND HILL |
| 31 May 2022 | £387,298 | £380,000 | FLAT 7 SPA HOUSE, 52 RICHMOND HILL |
| 12 Apr 2022 | £3,346,847 | £3,250,000 | 24 ELLERKER GARDENS |
This house has a floor area of 44 sq meters or 484 sq feet when measured on 21 Oct 2011. Using an estimated price of £903,023 means this house is valued at £20,080 per sq meter (£1,865 per sq foot).
The average size of a house on ELLERKER GARDENS is 188 sq meters (2,031 sq feet).