£729,228
This estimated value is based upon the latest sale price for the house of £425,000 on 19 Feb 2010. 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 |
|---|---|
| £425,000 | 19 Feb 2010 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 February 2010 the House Price Index for GREATER LONDON was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.583%.Applying this 71.583% change to the original purchase price of £425,000 results in an estimated price of approximately £729,228.
| 19 Feb 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.583 % | £425,000 | £304,228 | £729,228 |
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 | 30.023 % | £127,598 | £552,598 |
| 3 Month Average | 36.186 % | £153,788 | £578,788 |
| 6 Month Average | 56.969 % | £242,118 | £667,118 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £795,185 | £775,000 | 2 TIMBER CLOSE |
| 18 Sep 2023 | £777,131 | £760,000 | 2 WOODCLYFFE DRIVE |
| 25 Aug 2023 | £565,194 | £555,000 | 7 BRENCHLEY CLOSE |
| 30 Jun 2023 | £1,362,301 | £1,335,000 | 33 WOODCLYFFE DRIVE |
| 28 Feb 2023 | £367,455 | £365,000 | FLAT 2 29 OLD HILL |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 29 Apr 2014. Using an estimated price of £729,228 means this house is valued at £4,586 per sq meter (£426 per sq foot).
The average size of a house on OAKLEIGH PARK AVENUE is 250 sq meters (2,694 sq feet).