£712,053
This estimated value is based upon the latest sale price for the house of £375,000 on 5 Oct 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Queens Park Road, Harold Wood, RM3 0HJ
Phone: 01708954535
Price Paid | Date |
---|---|
£375,000 | 5 Oct 2004 |
£345,000 | 19 Dec 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 145 sq meters or 1,560 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 October 2004 the House Price Index for GREATER LONDON was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £375,000 results in an estimated price of approximately £712,053.
5 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 148.6 | 89.881 % | £375,000 | £337,053 | £712,053 |
The Postcode Pricing Model uses changes in average sales price within the RM14 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 | 117.619 % | £441,072 | £816,072 |
3 Month Average | 76.065 % | £285,245 | £660,245 |
6 Month Average | 82.838 % | £310,641 | £685,641 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £526,735 | £520,000 | 21 DART CLOSE |
6 Jun 2023 | £344,169 | £340,000 | 19 CORNSLAND CLOSE |
9 Mar 2023 | £1,312,364 | £1,300,000 | EMANUEL COTTAGE HALL LANE |
19 Jan 2023 | £363,289 | £365,000 | 23 CORNSLAND CLOSE |
30 Nov 2022 | £459,435 | £465,000 | 5 CORNSLAND CLOSE |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 15 Nov 2021. Using an estimated price of £712,054 means this house is valued at £4,910 per sq meter (£456 per sq foot).
The average size of a house on CORNSLAND CLOSE is 99 sq meters (1,068 sq feet).
This house is the largest in the street with a floor area of 145 sq meters (1,560 sq feet).