£281,524
This estimated value is based upon the latest sale price for the house of £86,000 on 31 Aug 2001. 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 |
|---|---|
| £86,000 | 31 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 August 2001 the House Price Index for GREATER LONDON was 44.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 227.354%.Applying this 227.354% change to the original purchase price of £86,000 results in an estimated price of approximately £281,524.
| 31 Aug 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 146.7 | 227.354 % | £86,000 | £195,524 | £281,524 |
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 | 623.009 % | £535,787 | £621,787 |
| 3 Month Average | 273.090 % | £234,857 | £320,857 |
| 6 Month Average | 236.909 % | £203,742 | £289,742 |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 25 Jul 2012.
The average size of a house on LUCERNE WAY is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Lucerne Way |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Lucerne Way |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lucerne Way |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Lucerne Way |
| Dec 2023 | Burglary | Under investigation | On or near Coltsfoot Path |