£1,632,719
This estimated value is based upon the latest sale price for the house of £1,600,000 on 20 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3 Station Approach, Hayes Lane, Kenley, CR8 5JD
Phone: 02034630121
| Price Paid | Date |
|---|---|
| £1,600,000 | 20 Jun 2023 |
| £720,000 | 10 Mar 2009 |
| Detached |
| Freehold |
| Floor Area: 320 sq meters or 3,444 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 June 2023 the House Price Index for GREATER LONDON was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £1,600,000 results in an estimated price of approximately £1,632,719.
| 20 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £1,600,000 | £32,719 | £1,632,719 |
The Postcode Pricing Model uses changes in average sales price within the CR8 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 | 2.419 % | £38,710 | £1,638,710 |
| 3 Month Average | 20.331 % | £325,293 | £1,925,293 |
| 6 Month Average | 13.087 % | £209,391 | £1,809,391 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £1,179,952 | £1,150,000 | 18 OAKWOOD AVENUE |
| 20 Jun 2023 | £1,632,720 | £1,600,000 | 42 OAKWOOD AVENUE |
| 15 Jun 2023 | £979,632 | £960,000 | 50 OAKWOOD AVENUE |
| 13 Jun 2023 | £806,155 | £790,000 | 34 OAKWOOD AVENUE |
| 28 Feb 2023 | £1,152,700 | £1,145,000 | 45 OAKWOOD AVENUE |
This house has a floor area of 320 sq meters or 3,444 sq feet when measured on 21 Aug 2019. Using an estimated price of £1,632,720 means this house is valued at £5,102 per sq meter (£474 per sq foot).
The average size of a house on OAKWOOD AVENUE is 181 sq meters (1,948 sq feet).