£398,594
This estimated value is based upon the latest sale price for the house of £325,000 on 1 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 16 Oliver Business Park, Oliver Road, Park Royal, London, NW10 7JB
Phone: 02077683939
| Price Paid | Date |
|---|---|
| £325,000 | 1 Nov 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 786 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 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £325,000 results in an estimated price of approximately £398,594.
| 1 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £325,000 | £73,594 | £398,594 |
The Postcode Pricing Model uses changes in average sales price within the NW10 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 | 0.581 % | £1,888 | £326,888 |
| 3 Month Average | 24.918 % | £80,981 | £405,981 |
| 6 Month Average | 21.540 % | £70,005 | £395,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £1,109,708 | £1,100,000 | 3 STEELE ROAD |
| 18 Jan 2023 | £318,500 | £320,000 | FLAT 3 LUMA APARTMENTS CENTRAL WAY |
| 16 Nov 2022 | £71,237,106 | £72,100,000 | 5 - 9 WILLEN FIELD ROAD |
| 16 Nov 2022 | £34,383,513 | £34,800,000 | 15 CENTRAL WAY |
| 11 Aug 2022 | £116,685,910 | £117,000,000 | UNIT 8 CENTRAL PARK CENTRAL WAY |
This house has a floor area of 73 sq meters or 786 sq feet when measured on 8 Mar 2011. Using an estimated price of £398,595 means this house is valued at £5,453 per sq meter (£506 per sq foot).
The average size of a house on CENTRAL WAY is 62 sq meters (674 sq feet).