£621,229
This estimated value is based upon the latest sale price for the house of £622,500 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3 High Street, Chislehurst, BR7 5AB
Phone: 02034630101
| Price Paid | Date |
|---|---|
| £622,500 | 30 Jun 2023 |
| £550,000 | 12 Aug 2015 |
| £460,000 | 27 Jun 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 99 sq meters or 1,065 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 June 2023 the House Price Index for GREATER LONDON was 147.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.204%.Applying this -0.204% change to the original purchase price of £622,500 results in an estimated price of approximately £621,229.
| 30 Jun 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 146.7 | -0.204 % | £622,500 | £-1,270 | £621,229 |
The Postcode Pricing Model uses changes in average sales price within the BR7 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 | -33.571 % | £-208,982 | £413,517 |
| 3 Month Average | -31.257 % | £-194,573 | £427,926 |
| 6 Month Average | -6.016 % | £-37,447 | £585,052 |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 2 Oct 2020.
The average size of a house on ROYAL PARADE is 132 sq meters (1,424 sq feet).