£529,874
This estimated value is based upon the latest sale price for the house of £430,000 on 9 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Town Hall F3, 1 High Street, Southall, UB1 3HA
Phone: 02034783590
Price Paid | Date |
---|---|
£430,000 | 9 Nov 2018 |
Semi-Detached |
Freehold |
Floor Area: 79 sq meters or 850 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 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £430,000 results in an estimated price of approximately £529,874.
9 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.227 % | £430,000 | £99,874 | £529,874 |
The Postcode Pricing Model uses changes in average sales price within the UB1 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 | 193.158 % | £830,579 | £1,260,579 |
3 Month Average | 181.666 % | £781,163 | £1,211,163 |
6 Month Average | 116.647 % | £501,581 | £931,581 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2023 | £555,231 | £550,000 | 2 ASCOT GARDENS |
1 Mar 2023 | £504,755 | £500,000 | 60 SOMERSET ROAD |
4 Nov 2022 | £565,648 | £572,500 | 28 SOMERSET ROAD |
30 Jun 2022 | £608,550 | £599,950 | 2 ST STEPHENS CLOSE |
30 Sep 2021 | £485,994 | £451,000 | 12 ST CRISPINS CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 18 Mar 2019. Using an estimated price of £529,874 means this house is valued at £6,707 per sq meter (£623 per sq foot).
The average size of a house on SOMERSET ROAD is 100 sq meters (1,084 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near St Stephen'S Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near St Stephen'S Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near St Stephen'S Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near St Stephen'S Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near St Stephen'S Close |