£988,211
This estimated value is based upon the latest sale price for the house of £216,000 on 13 Nov 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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53 Old Oak Common Lane, Acton, W3 7DD
Phone: 02035514501
Price Paid | Date |
---|---|
£216,000 | 13 Nov 1998 |
Semi-Detached |
Freehold |
Floor Area: 157 sq meters or 1,689 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 1998 the House Price Index for GREATER LONDON was 32.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 357.505%.Applying this 357.505% change to the original purchase price of £216,000 results in an estimated price of approximately £988,211.
13 Nov 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 146.7 | 357.505 % | £216,000 | £772,211 | £988,211 |
The Postcode Pricing Model uses changes in average sales price within the W3 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 | 235.707 % | £509,126 | £725,126 |
3 Month Average | 253.740 % | £548,077 | £764,077 |
6 Month Average | 270.520 % | £584,322 | £800,322 |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 15 Jan 2014.
The average size of a house on BOWES ROAD is 147 sq meters (1,591 sq feet).