£365,420
This estimated value is based upon the latest sale price for the house of £245,000 on 19 Dec 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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12B The Arcade, Farnham Road, Harold Hill, London, RM3 8EB
Phone: 01708954815
| Price Paid | Date |
|---|---|
| £245,000 | 19 Dec 2014 |
| £190,000 | 4 Jul 2007 |
| £146,500 | 28 May 2004 |
| £48,000 | 16 Jul 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2014 the House Price Index for GREATER LONDON was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £245,000 results in an estimated price of approximately £365,420.
| 19 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £245,000 | £120,420 | £365,420 |
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 | 56.172 % | £137,621 | £382,621 |
| 3 Month Average | 21.729 % | £53,236 | £298,236 |
| 6 Month Average | 56.138 % | £137,537 | £382,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £235,857 | £233,000 | 15 DUNSTABLE ROAD |
| 15 Jun 2023 | £418,064 | £413,000 | 30 CHIPPENHAM ROAD |
| 6 Jun 2023 | £308,740 | £305,000 | 39 NEWBURY CLOSE |
| 8 Jul 2022 | £383,031 | £382,000 | 18 NEWBURY GARDENS |
| 29 Jun 2022 | £370,232 | £365,000 | 9 NEWBURY GARDENS |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 28 Jan 2014. Using an estimated price of £365,420 means this house is valued at £5,373 per sq meter (£499 per sq foot).
The average size of a house on CHIPPENHAM ROAD is 84 sq meters (908 sq feet).