£1,046,562
This estimated value is based upon the latest sale price for the house of £757,000 on 29 Jan 2016. 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 |
|---|---|
| £757,000 | 29 Jan 2016 |
| Detached |
| Freehold |
| Floor Area: 236 sq meters or 2,540 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 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £757,000 results in an estimated price of approximately £1,046,562.
| 29 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £757,000 | £289,562 | £1,046,562 |
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 | 15.419 % | £116,718 | £873,718 |
| 3 Month Average | 4.733 % | £35,828 | £792,828 |
| 6 Month Average | 17.943 % | £135,827 | £892,827 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £828,532 | £807,500 | 37 WELCOMES ROAD |
| 18 Oct 2023 | £980,264 | £958,000 | 4 WELCOMES ROAD |
| 3 Mar 2023 | £966,135 | £950,000 | 73 WELCOMES ROAD |
| 11 Nov 2022 | £786,323 | £790,000 | 15 HAYES LANE |
| 16 Jun 2022 | £439,392 | £430,000 | FLAT 4 57 WELCOMES ROAD |
This house has a floor area of 236 sq meters or 2,540 sq feet when measured on 11 Jul 2014. Using an estimated price of £1,046,563 means this house is valued at £4,434 per sq meter (£411 per sq foot).
The average size of a house on ABBOTS LANE is 184 sq meters (1,982 sq feet).