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|£6,870,000||14 Sep 2000|
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 September 2000 the House Price Index for GREATER LONDON was 39.2.The House Price Index as of 1 Dec 2019 is 123.2 which is a change of 214.083%.
Applying this 214.083% change to the original purchase price of £6,870,000 gives us an estimated price now of around £21,577,508.
|14 Sep 2000||1 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the W14 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||261.436 %||£17,960,652||£24,830,652|
|3 Month Average||194.844 %||£13,385,816||£20,255,816|
|6 Month Average||187.905 %||£12,909,067||£19,779,067|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In September 2000 the average sale price for the 50 nearest sales within three quarters of a mile of 71 ADDISON ROAD was £298,884.
In July 2020 the average sale price for the 20 nearest sales was £666,582. This is a change of 123.024%.
So taking the original purchase price of £6,870,000 and adjusting it by 123.024% gives an estimated price of £15,321,724.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 14 Sep 2000||Average price on 30 Jul 2020||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|31 Jan 2019||£3,083,301||£3,050,000||42 ABBOTSBURY CLOSE|
|17 Jan 2019||£3,118,683||£3,085,000||53 ABBOTSBURY CLOSE|
|8 Jan 2019||£758,189||£750,000||97 ABBOTSBURY ROAD|
|11 Jun 2018||£2,610,433||£2,600,000||2 EDWARD HOUSE, 2 RADNOR TERRACE|
|9 Mar 2018||£3,532,634||£3,500,000||127 ABBOTSBURY ROAD|