£598,799
This estimated value is based upon the latest sale price for the house of £400,000 on 30 Jan 2015. 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 |
|---|---|
| £400,000 | 30 Jan 2015 |
| £286,000 | 8 Sep 2011 |
| £266,000 | 31 Jul 2007 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 754 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 January 2015 the House Price Index for GREATER LONDON was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £400,000 results in an estimated price of approximately £598,799.
| 30 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £400,000 | £198,799 | £598,799 |
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 | -19.852 % | £-79,409 | £320,590 |
| 3 Month Average | 8.150 % | £32,601 | £432,601 |
| 6 Month Average | 12.112 % | £48,446 | £448,446 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £565,194 | £555,000 | 7 BRENCHLEY CLOSE |
| 29 Jun 2023 | £867,382 | £850,000 | THE SPINNEY OLD HILL |
| 28 Feb 2023 | £367,455 | £365,000 | FLAT 2 29 OLD HILL |
| 16 Feb 2023 | £322,152 | £320,000 | GARDEN FLAT 2 RODWOLD SUSAN WOOD |
| 7 Nov 2022 | £358,324 | £360,000 | 4B SUMMERHILL VILLAS SUSAN WOOD |
This house has a floor area of 70 sq meters or 754 sq feet when measured on 27 Oct 2010. Using an estimated price of £598,800 means this house is valued at £8,540 per sq meter (£793 per sq foot).
The average size of a house on BRENCHLEY CLOSE is 85 sq meters (915 sq feet).