£585,326
This estimated value is based upon the latest sale price for the house of £475,000 on 29 Nov 2018. 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 |
|---|---|
| £475,000 | 29 Nov 2018 |
| £280,000 | 14 Oct 2016 |
| Terraced |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 November 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £475,000 results in an estimated price of approximately £585,326.
| 29 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £475,000 | £110,326 | £585,326 |
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 | 13.065 % | £62,058 | £537,058 |
| 3 Month Average | -8.200 % | £-38,950 | £436,049 |
| 6 Month Average | 11.289 % | £53,622 | £528,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £479,192 | £475,000 | 42 LEYBURN CRESCENT |
| 17 Mar 2023 | £393,709 | £390,000 | 157 FARINGDON AVENUE |
| 21 Jan 2022 | £310,460 | £295,000 | 43 HALESWORTH ROAD |
| 10 Dec 2021 | £219,632 | £205,000 | 2 CHESHAM HOUSE LEYBURN CRESCENT |
| 27 Aug 2021 | £345,841 | £310,000 | 12 KINGSBRIDGE CLOSE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 5 Sep 2018. Using an estimated price of £585,326 means this house is valued at £4,608 per sq meter (£428 per sq foot).
The average size of a house on KINGSBRIDGE ROAD is 64 sq meters (691 sq feet).
This house is the largest in the street with a floor area of 127 sq meters (1,367 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kingsbridge Road |