£817,442
This estimated value is based upon the latest sale price for the house of £162,500 on 12 Sep 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Approach Road Raynes Park, London, SW20 8BA
Phone: 02081280238
| Price Paid | Date |
|---|---|
| £162,500 | 12 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 September 1997 the House Price Index for GREATER LONDON was 29.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 403.041%.Applying this 403.041% change to the original purchase price of £162,500 results in an estimated price of approximately £817,442.
| 12 Sep 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 149.7 | 403.041 % | £162,500 | £654,942 | £817,442 |
The Postcode Pricing Model uses changes in average sales price within the SW20 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 | 551.693 % | £896,501 | £1,059,001 |
| 3 Month Average | 412.264 % | £669,928 | £832,428 |
| 6 Month Average | 440.405 % | £715,658 | £878,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £721,079 | £710,000 | 67 SOUTHWAY |
| 10 Nov 2023 | £651,539 | £635,000 | 67 MEADOW CLOSE |
| 8 Aug 2023 | £1,028,551 | £1,010,000 | 43 HEATH DRIVE |
| 15 Jun 2023 | £994,939 | £975,000 | 48 HEATH DRIVE |
| 21 Feb 2022 | £866,295 | £820,000 | 65 SOUTHWAY |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 26 Sep 2014. Using an estimated price of £817,442 means this house is valued at £5,637 per sq meter (£523 per sq foot).
The average size of a house on PARKWAY is 149 sq meters (1,608 sq feet).