£271,652
This estimated value is based upon the latest sale price for the house of £160,000 on 29 Oct 2012. 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 |
|---|---|
| £160,000 | 29 Oct 2012 |
| £151,000 | 2 Jun 2004 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2012 the House Price Index for GREATER LONDON was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £160,000 results in an estimated price of approximately £271,652.
| 29 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £160,000 | £111,652 | £271,652 |
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 | 107.893 % | £172,629 | £332,629 |
| 3 Month Average | 46.809 % | £74,894 | £234,894 |
| 6 Month Average | 85.581 % | £136,930 | £296,930 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £207,655 | £205,000 | 6 VERONICA CLOSE |
| 3 Feb 2023 | £179,879 | £180,000 | 76 VERONICA CLOSE |
| 28 Jul 2022 | £205,553 | £205,000 | 79 BELLFLOWER PATH |
| 20 May 2022 | £173,265 | £170,000 | 64 VERONICA CLOSE |
| 3 May 2022 | £346,529 | £340,000 | 16 BARBERRY CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 19 Oct 2015. Using an estimated price of £271,653 means this house is valued at £3,826 per sq meter (£355 per sq foot).
The average size of a house on BRIAR ROAD is 97 sq meters (1,048 sq feet).