£1,230,564
This estimated value is based upon the latest sale price for the house of £1,000,000 on 9 Aug 2019. 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 |
---|---|
£1,000,000 | 9 Aug 2019 |
£785,000 | 2 Nov 2012 |
£785,000 | 29 Jun 2007 |
£493,000 | 29 Jun 2001 |
£368,000 | 27 Jul 1998 |
Detached |
Freehold |
Floor Area: 181 sq meters or 1,952 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £1,000,000 results in an estimated price of approximately £1,230,564.
9 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.6 | 23.056 % | £1,000,000 | £230,564 | £1,230,564 |
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 | -2.788 % | £-27,878 | £972,121 |
3 Month Average | 14.018 % | £140,181 | £1,140,181 |
6 Month Average | 5.417 % | £54,167 | £1,054,167 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2022 | £938,630 | £950,000 | FLAT 1 LONGACRE COURT, 8 NEWTON PARK PLACE |
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 |
7 Dec 2021 | £2,142,754 | £2,000,000 | 11 YESTER ROAD |
This house has a floor area of 181 sq meters or 1,952 sq feet when measured on 14 Jul 2011. Using an estimated price of £1,230,565 means this house is valued at £6,782 per sq meter (£630 per sq foot).
The average size of a house on SOUTHILL ROAD is 185 sq meters (2,001 sq feet).