£1,074,004
This estimated value is based upon the latest sale price for the house of £259,000 on 20 Oct 1999. 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 |
|---|---|
| £259,000 | 20 Oct 1999 |
| Detached |
| Freehold |
| Floor Area: 158 sq meters or 1,703 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 October 1999 the House Price Index for GREATER LONDON was 35.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 314.674%.Applying this 314.674% change to the original purchase price of £259,000 results in an estimated price of approximately £1,074,004.
| 20 Oct 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.8 | 148.6 | 314.674 % | £259,000 | £815,004 | £1,074,004 |
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 | 181.670 % | £470,524 | £729,524 |
| 3 Month Average | 257.817 % | £667,746 | £926,746 |
| 6 Month Average | 235.093 % | £608,891 | £867,891 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £937,619 | £925,000 | 8 GROVE VALE |
| 6 May 2022 | £2,344,170 | £2,300,000 | WHITE OAK NURSING HOME SELBY CLOSE |
| 4 Apr 2022 | £926,819 | £900,000 | 11 GROVE VALE |
| 4 Apr 2022 | £1,266,653 | £1,230,000 | 27 SELBY CLOSE |
| 10 Dec 2021 | £1,258,868 | £1,175,000 | 25 SELBY CLOSE |
This house has a floor area of 158 sq meters or 1,703 sq feet when measured on 11 Jan 2011. Using an estimated price of £1,074,005 means this house is valued at £6,786 per sq meter (£630 per sq foot).
The average size of a house on WALDEN ROAD is 156 sq meters (1,679 sq feet).