£367,933
This estimated value is based upon the latest sale price for the house of £300,000 on 11 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Queens Park Road, Harold Wood, RM3 0HJ
Phone: 01708954535
Price Paid | Date |
---|---|
£300,000 | 11 Nov 2019 |
£137,500 | 14 Jul 2003 |
£98,000 | 16 Jan 2002 |
£66,000 | 16 Aug 1999 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £300,000 results in an estimated price of approximately £367,933.
11 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £300,000 | £67,933 | £367,933 |
The Postcode Pricing Model uses changes in average sales price within the RM3 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 | 22.857 % | £68,572 | £368,572 |
3 Month Average | -12.370 % | £-37,108 | £262,891 |
6 Month Average | 8.160 % | £24,478 | £324,478 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £187,780 | £185,000 | 2 TAUNTON HOUSE REDCAR ROAD |
30 Jun 2023 | £180,183 | £178,000 | 6 MARSDEN HOUSE LEAMINGTON CLOSE |
7 Jun 2023 | £185,244 | £183,000 | 7 CHEPSTOW HOUSE LEAMINGTON ROAD |
28 Feb 2023 | £194,869 | £195,000 | 10 TAUNTON HOUSE REDCAR ROAD |
23 Feb 2023 | £175,882 | £176,000 | 8 BRACKNELL HOUSE PETERSFIELD AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 28 Jun 2019. Using an estimated price of £367,934 means this house is valued at £4,905 per sq meter (£455 per sq foot).
The average size of a house on REDCAR ROAD is 69 sq meters (749 sq feet).