£986,580
This estimated value is based upon the latest sale price for the house of £755,000 on 26 Jan 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Welcomes Road
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3 Station Approach, Hayes Lane, Kenley, CR8 5JD
Phone: 02034630121
| Price Paid | Date |
|---|---|
| £755,000 | 26 Jan 2017 |
| Detached |
| Freehold |
| Floor Area: 169 sq meters or 1,819 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 January 2017 the House Price Index for GREATER LONDON was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £755,000 results in an estimated price of approximately £986,580.
| 26 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £755,000 | £231,580 | £986,580 |
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 | 40.757 % | £307,714 | £1,062,714 |
| 3 Month Average | 22.487 % | £169,778 | £924,778 |
| 6 Month Average | 21.342 % | £161,133 | £916,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £819,635 | £807,500 | 37 WELCOMES ROAD |
| 3 Mar 2023 | £959,035 | £950,000 | 73 WELCOMES ROAD |
| 29 Apr 2022 | £463,410 | £450,000 | FLAT 8 OAKHILL HOUSE, 32 WELCOMES ROAD |
| 29 Apr 2022 | £823,839 | £800,000 | 67 WELCOMES ROAD |
| 14 Apr 2022 | £319,238 | £310,000 | FLAT 11 WRENWOOD COURT, 38 HERMITAGE ROAD |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 15 Apr 2016. Using an estimated price of £986,581 means this house is valued at £5,837 per sq meter (£542 per sq foot).
The average size of a house on WELCOMES ROAD is 199 sq meters (2,145 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Welcomes Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Abbots Lane |
| Feb 2024 | Vehicle crime | Under investigation | On or near Lawford Gardens |
| Apr 2024 | Anti-social behaviour | On or near Cedar Walk | |
| Jan 2024 | Vehicle crime | Under investigation | On or near Cumnor Rise |