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Estimated Market Value


This estimated value is based upon the latest sale price for the house of £85,000 on 16 Aug 1995. This value is then adjusted by the current Official House Price Index for GREATER LONDON1

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Transactions for this house
Price PaidDate
£85,00016 Aug 1995
House Details

House Price Models

Land Registry House Price Index Model

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 1995 the House Price Index for GREATER LONDON was 21.1.

The House Price Index as of 1 Dec 2019 is 123.2 which is a change of 482.909%.

Applying this 482.909% change to the original purchase price of £85,000 gives us an estimated price now of around £495,472.

16 Aug 1995 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
21.1 123.2 482.909 % £85,000 £410,472 £495,472

The Postcode Pricing Model uses changes in average sales price within the IG3 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 664.358 % £564,703 £649,703
3 Month Average 422.477 % £359,105 £444,105
6 Month Average 407.986 % £346,788 £431,788

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In August 1995 the average sale price for the 50 nearest sales within two miles of 36 LEVETT GARDENS was £74,611.

In August 2020 the average sale price for the 43 nearest sales was £412,632. This is a change of 453.044%.

So taking the original purchase price of £85,000 and adjusting it by 453.044% gives an estimated price of £470,087.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 16 Aug 1995 Average price on 25 Aug 2020 % change Purchase Price Gain / Loss Estimated Price
£74,611 £412,632 453.044 % £85,000 £385,087 £470,087
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
28 May 2019 £711,768 £689,995 1 LEVETT GARDENS
10 May 2019 £533,830 £517,500 49 DAWLISH DRIVE
28 Feb 2019 £660,697 £652,000 19 PARKWAY
5 Feb 2019 £450,936 £445,000 22 LEVETT GARDENS
23 Nov 2018 £534,558 £533,000 85 DAWLISH DRIVE

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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