£1,371,264
This estimated value is based upon the latest sale price for the house of £499,950 on 30 Aug 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Royal Parade, Richmond, TW9 3QD
Phone: 02081151052
| Price Paid | Date |
|---|---|
| £499,950 | 30 Aug 2002 |
| £420,000 | 1 Sep 2000 |
| Terraced |
| Freehold |
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 August 2002 the House Price Index for GREATER LONDON was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £499,950 results in an estimated price of approximately £1,371,264.
| 30 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £499,950 | £871,314 | £1,371,264 |
The Postcode Pricing Model uses changes in average sales price within the TW9 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 | -32.077 % | £-160,370 | £339,579 |
| 3 Month Average | 132.455 % | £662,209 | £1,162,159 |
| 6 Month Average | 151.222 % | £756,032 | £1,255,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £1,100,000 | £1,100,000 | 32 MORTLAKE ROAD |
| 6 Dec 2023 | £516,029 | £507,000 | 9 RUSKIN AVENUE |
| 22 Sep 2023 | £1,691,629 | £1,670,000 | 37 DEFOE AVENUE |
| 7 Aug 2023 | £1,523,328 | £1,510,001 | 25 DEFOE AVENUE |
| 13 Jul 2023 | £1,545,805 | £1,525,000 | 63 DEFOE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Defoe Avenue |