£465,791
This estimated value is based upon the latest sale price for the house of £310,000 on 12 Dec 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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61 High Street, Chislehurst, BR7 5AF
Phone: 02081150727
Price Paid | Date |
---|---|
£310,000 | 12 Dec 2014 |
£249,995 | 3 Nov 2006 |
£130,000 | 12 Jun 1998 |
Semi-Detached |
Freehold |
Floor Area: 108 sq meters or 1,162 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 2014 the House Price Index for GREATER LONDON was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £310,000 results in an estimated price of approximately £465,791.
12 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 149.7 | 50.255 % | £310,000 | £155,791 | £465,791 |
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 | -16.528 % | £-51,235 | £258,764 |
3 Month Average | 4.841 % | £15,007 | £325,007 |
6 Month Average | 7.943 % | £24,621 | £334,621 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £670,606 | £650,000 | 6 STEAD CLOSE |
11 Sep 2023 | £489,797 | £479,000 | 121 WHITE HORSE HILL |
27 Apr 2023 | £509,530 | £500,000 | 56 WHITE HORSE HILL |
6 Feb 2023 | £629,203 | £625,000 | 3 STEAD CLOSE |
23 Nov 2022 | £467,813 | £470,000 | 58 WHITE HORSE HILL |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 6 May 2015. Using an estimated price of £465,791 means this house is valued at £4,312 per sq meter (£400 per sq foot).
The average size of a house on WHITE HORSE HILL is 92 sq meters (992 sq feet).