£1,908,179
This estimated value is based upon the latest sale price for the house of £1,140,000 on 18 Mar 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Royal Parade, Richmond, TW9 3QD
Phone: 02081151052
| Price Paid | Date |
|---|---|
| £1,140,000 | 18 Mar 2013 |
| Detached |
| Freehold |
| Floor Area: 225 sq meters or 2,427 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 March 2013 the House Price Index for GREATER LONDON was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £1,140,000 results in an estimated price of approximately £1,908,179.
| 18 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.384 % | £1,140,000 | £768,179 | £1,908,179 |
The Postcode Pricing Model uses changes in average sales price within the TW9 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 | 88.221 % | £1,005,719 | £2,145,719 |
| 3 Month Average | 57.585 % | £656,469 | £1,796,469 |
| 6 Month Average | 54.180 % | £617,649 | £1,757,649 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £516,029 | £507,000 | 9 RUSKIN AVENUE |
| 22 Sep 2023 | £1,691,629 | £1,670,000 | 37 DEFOE AVENUE |
| 7 Aug 2023 | £1,523,328 | £1,510,001 | 25 DEFOE AVENUE |
| 13 Jul 2023 | £1,545,805 | £1,525,000 | 63 DEFOE AVENUE |
| 22 Feb 2023 | £1,234,419 | £1,235,250 | 3 DEFOE AVENUE |
This house has a floor area of 225 sq meters or 2,427 sq feet when measured on 8 Oct 2009. Using an estimated price of £1,908,180 means this house is valued at £8,461 per sq meter (£786 per sq foot).
The average size of a house on MORTLAKE ROAD is 168 sq meters (1,813 sq feet).