£501,618
This estimated value is based upon the latest sale price for the house of £112,500 on 30 Apr 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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81 Western Road, Southall, UB2 5HH
Phone: 02081152082
| Price Paid | Date |
|---|---|
| £112,500 | 30 Apr 1999 |
| £74,000 | 31 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 155 sq meters or 1,668 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 April 1999 the House Price Index for GREATER LONDON was 33.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 345.883%.Applying this 345.883% change to the original purchase price of £112,500 results in an estimated price of approximately £501,618.
| 30 Apr 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 148.6 | 345.883 % | £112,500 | £389,118 | £501,618 |
The Postcode Pricing Model uses changes in average sales price within the UB2 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 | 231.217 % | £260,119 | £372,619 |
| 3 Month Average | 326.185 % | £366,958 | £479,458 |
| 6 Month Average | 359.689 % | £404,650 | £517,150 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £496,008 | £490,000 | 152 REGINA ROAD |
| 23 Feb 2023 | £409,724 | £410,000 | 18 STRATFORD ROAD |
| 23 Sep 2022 | £446,395 | £450,000 | 44 STRATFORD ROAD |
| 25 Jul 2022 | £476,282 | £475,000 | 156 REGINA ROAD |
| 11 Jul 2022 | £556,498 | £555,000 | 60 RALEIGH ROAD |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 22 Jan 2020. Using an estimated price of £501,619 means this house is valued at £3,236 per sq meter (£300 per sq foot).
The average size of a house on REGINA ROAD is 80 sq meters (868 sq feet).
This house is the largest in the street with a floor area of 155 sq meters (1,668 sq feet).