£924,199
This estimated value is based upon the latest sale price for the house of £750,000 on 2 Nov 2018. 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 |
|---|---|
| £750,000 | 2 Nov 2018 |
| £30,000 | 1 Jul 1998 |
| £128,000 | 1 May 1995 |
| Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 November 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £750,000 results in an estimated price of approximately £924,199.
| 2 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £750,000 | £174,199 | £924,199 |
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 | -19.087 % | £-143,155 | £606,844 |
| 3 Month Average | 14.819 % | £111,142 | £861,142 |
| 6 Month Average | 12.146 % | £91,096 | £841,096 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £988,301 | £975,000 | 20 YESTER ROAD |
| 13 Sep 2022 | £1,190,387 | £1,200,000 | 18 HOLMBURY PARK |
| 29 Jul 2022 | £1,077,902 | £1,075,000 | 3 BONAR PLACE |
| 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 148 sq meters or 1,593 sq feet when measured on 25 Jan 2017. Using an estimated price of £924,199 means this house is valued at £6,244 per sq meter (£580 per sq foot).
The average size of a house on BONAR PLACE is 176 sq meters (1,895 sq feet).