£418,518
This estimated value is based upon the latest sale price for the house of £295,000 on 18 Sep 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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85 Main Road, Gidea Park, RM2 5EL
Phone: 01708954047
Price Paid | Date |
---|---|
£295,000 | 18 Sep 2015 |
£180,000 | 2 Jun 2006 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 2015 the House Price Index for GREATER LONDON was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £295,000 results in an estimated price of approximately £418,518.
18 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 148.6 | 41.871 % | £295,000 | £123,518 | £418,518 |
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 | 50.332 % | £148,479 | £443,479 |
3 Month Average | 12.968 % | £38,255 | £333,255 |
6 Month Average | 42.297 % | £124,775 | £419,775 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £356,233 | £350,000 | 8 ROBERTS CLOSE |
26 Jul 2023 | £456,139 | £450,000 | 177 BELL AVENUE |
17 Jul 2023 | £299,025 | £295,000 | 3 ELLIOTT GARDENS |
5 Apr 2023 | £411,935 | £407,500 | 7 SMART CLOSE |
23 Aug 2022 | £488,685 | £490,000 | 8 ELLMORE CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 16 Apr 2014. Using an estimated price of £418,518 means this house is valued at £4,755 per sq meter (£441 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 Bell Avenue |
Feb 2024 | Anti-social behaviour | On or near Bell Avenue | |
Jan 2024 | Anti-social behaviour | On or near Bell Avenue | |
Jan 2024 | Anti-social behaviour | On or near Bell Avenue | |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bell Avenue |