£627,416
This estimated value is based upon the latest sale price for the house of £450,000 on 1 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Thorndale, Lubbock Road, Chislehurst, BR7 5JN
Phone: 02080336542
| Price Paid | Date |
|---|---|
| £450,000 | 1 Dec 2015 |
| £279,000 | 28 Jun 2012 |
| £275,000 | 7 Oct 2009 |
| £215,000 | 11 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,086 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 December 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £450,000 results in an estimated price of approximately £627,416.
| 1 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £450,000 | £177,416 | £627,416 |
The Postcode Pricing Model uses changes in average sales price within the BR1 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 | 11.490 % | £51,703 | £501,703 |
| 3 Month Average | 34.272 % | £154,225 | £604,225 |
| 6 Month Average | 28.229 % | £127,029 | £577,029 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £710,923 | £700,000 | 8 GROVE WOOD CLOSE |
| 10 Nov 2023 | £2,103,393 | £2,050,000 | 135 BLACKBROOK LANE |
| 21 Sep 2023 | £521,496 | £510,000 | 24 HEVER GARDENS |
| 20 Jan 2023 | £752,009 | £750,000 | 7 BARFIELD ROAD |
| 17 May 2022 | £805,998 | £785,000 | 4 GROVE WOOD CLOSE |
This house has a floor area of 100 sq meters or 1,086 sq feet when measured on 1 Apr 2010. Using an estimated price of £627,416 means this house is valued at £6,213 per sq meter (£577 per sq foot).
The average size of a house on SHORNEFIELD CLOSE is 120 sq meters (1,295 sq feet).
This house is the largest in the street with a floor area of 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Newnhams Close |