£449,876
This estimated value is based upon the latest sale price for the house of £335,000 on 5 May 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near St Patricks Place
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85 Main Road, Gidea Park, RM2 5EL
Phone: 01708954047
| Price Paid | Date |
|---|---|
| £335,000 | 5 May 2016 |
| £85,000 | 7 Jul 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 May 2016 the House Price Index for GREATER LONDON was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £335,000 results in an estimated price of approximately £449,876.
| 5 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £335,000 | £114,876 | £449,876 |
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 | 28.270 % | £94,705 | £429,705 |
| 3 Month Average | -0.785 % | £-2,629 | £332,370 |
| 6 Month Average | 23.281 % | £77,990 | £412,990 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £356,233 | £350,000 | 8 ROBERTS CLOSE |
| 5 Apr 2023 | £411,935 | £407,500 | 7 SMART CLOSE |
| 27 Jan 2023 | £512,585 | £515,000 | 2A BELL AVENUE |
| 30 Nov 2022 | £484,136 | £490,000 | 1 TENNYSON ROAD |
| 22 Feb 2022 | £398,504 | £380,000 | 19 MASEFIELD CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 4 Dec 2015. Using an estimated price of £449,877 means this house is valued at £5,355 per sq meter (£497 per sq foot).
The average size of a house on BELL AVENUE is 85 sq meters (924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St Patricks Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Patricks Place |
| Mar 2024 | Burglary | Under investigation | On or near St Patricks Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Patricks Place |
| Feb 2024 | Anti-social behaviour | On or near St Patricks Place |