£609,857
This estimated value is based upon the latest sale price for the house of £500,000 on 17 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Erconwald Street, London, W12 0BS
Phone: 02035514384
| Price Paid | Date |
|---|---|
| £500,000 | 17 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £500,000 results in an estimated price of approximately £609,857.
| 17 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £500,000 | £109,857 | £609,857 |
The Postcode Pricing Model uses changes in average sales price within the W12 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 | -7.175 % | £-35,874 | £464,125 |
| 3 Month Average | -14.801 % | £-74,005 | £425,994 |
| 6 Month Average | -13.611 % | £-68,055 | £431,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £536,499 | £530,000 | 19 SUNDEW AVENUE |
| 10 Jun 2022 | £239,637 | £236,250 | FLAT 115 BANSTEAD COURT, 60 WESTWAY |
| 14 Feb 2022 | £776,034 | £740,000 | 14 YEW TREE ROAD |
| 22 Nov 2021 | £394,753 | £365,000 | FLAT 103 BANSTEAD COURT, 60 WESTWAY |
| 20 Aug 2021 | £875,758 | £785,000 | 12 CLEMATIS STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 1 Jun 2019. Using an estimated price of £609,857 means this house is valued at £8,589 per sq meter (£797 per sq foot).
The average size of a house on WESTWAY is 75 sq meters (810 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Primula Street |
| Apr 2024 | Anti-social behaviour | On or near Primula Street | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Primula Street |
| Apr 2024 | Vehicle crime | Under investigation | On or near Primula Street |
| Apr 2024 | Anti-social behaviour | On or near Primula Street |