£1,155,973
This estimated value is based upon the latest sale price for the house of £730,000 on 28 Feb 2014. 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 |
|---|---|
| £730,000 | 28 Feb 2014 |
| Detached |
| Freehold |
| Floor Area: 187 sq meters or 2,012 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 February 2014 the House Price Index for GREATER LONDON was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £730,000 results in an estimated price of approximately £1,155,973.
| 28 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £730,000 | £425,973 | £1,155,973 |
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 | 63.026 % | £460,090 | £1,190,090 |
| 3 Month Average | 69.782 % | £509,405 | £1,239,405 |
| 6 Month Average | 54.174 % | £395,467 | £1,125,467 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £988,301 | £975,000 | 20 YESTER ROAD |
| 29 Jul 2022 | £1,077,902 | £1,075,000 | 3 BONAR PLACE |
| 29 Apr 2022 | £1,287,249 | £1,250,000 | WHITFIELD BULLERS WOOD DRIVE |
| 31 Jan 2022 | £1,447,061 | £1,375,000 | 5 BONAR PLACE |
| 10 Dec 2021 | £1,098,162 | £1,025,000 | 12 BONAR PLACE |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 21 Dec 2016. Using an estimated price of £1,155,973 means this house is valued at £6,181 per sq meter (£574 per sq foot).
The average size of a house on SUNDRIDGE AVENUE is 224 sq meters (2,418 sq feet).