£953,872
This estimated value is based upon the latest sale price for the house of £825,000 on 7 Dec 2020. 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 |
---|---|
£825,000 | 7 Dec 2020 |
£600,000 | 3 Jun 2015 |
Semi-Detached |
Freehold |
Floor Area: 157 sq meters or 1,689 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 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £825,000 results in an estimated price of approximately £953,872.
7 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £825,000 | £128,872 | £953,872 |
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 | 22.412 % | £184,899 | £1,009,899 |
3 Month Average | -1.052 % | £-8,682 | £816,317 |
6 Month Average | -3.695 % | £-30,480 | £794,519 |
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 |
2 Jun 2023 | £1,209,233 | £1,185,000 | 57 SOUTHWAY |
20 Jan 2023 | £952,545 | £950,000 | 30 WOODLANDS |
21 Feb 2022 | £866,295 | £820,000 | 65 SOUTHWAY |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 3 Sep 2020. Using an estimated price of £953,873 means this house is valued at £6,075 per sq meter (£564 per sq foot).
The average size of a house on ELM WALK is 115 sq meters (1,246 sq feet).