£87,449
This estimated value is based upon the latest sale price for the house of £71,000 on 3 Apr 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40-42 Hill Rise, Richmond, TW10 6UA
Phone: 02080223393
| Price Paid | Date |
|---|---|
| £71,000 | 3 Apr 2019 |
| Freehold |
| Floor Area: 80 sq meters or 861 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 April 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £71,000 results in an estimated price of approximately £87,449.
| 3 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £71,000 | £16,449 | £87,449 |
The Postcode Pricing Model uses changes in average sales price within the TW10 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 | 20.334 % | £14,437 | £85,437 |
| 3 Month Average | -10.756 % | £-7,636 | £63,363 |
| 6 Month Average | -5.387 % | £-3,824 | £67,175 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £1,350,000 | £1,350,000 | FLAT 2 SPA HOUSE, 52 RICHMOND HILL |
| 24 Feb 2023 | £3,147,882 | £3,150,000 | ROEBUCK RICHMOND HILL |
| 8 Jul 2022 | £676,822 | £675,000 | FLAT 7 RIVER COURT, 21 - 23 RICHMOND HILL |
| 31 May 2022 | £385,734 | £380,000 | FLAT 7 SPA HOUSE, 52 RICHMOND HILL |
| 12 Apr 2022 | £3,346,847 | £3,250,000 | 24 ELLERKER GARDENS |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 3 Nov 2015. Using an estimated price of £87,804 means this house is valued at £1,097 per sq meter (£101 per sq foot).
The average size of a house on ELLERKER GARDENS is 188 sq meters (2,031 sq feet).