£11,100
This estimated value is based upon the latest sale price for the house of £9,000 on 2 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Oakwood Avenue
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86a High Street, Southall Broadway, UB1 3DB
Phone: 02080226139
| Price Paid | Date |
|---|---|
| £9,000 | 2 Jul 2019 |
| Freehold |
| Floor Area: 47 sq meters or 505 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 July 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £9,000 results in an estimated price of approximately £11,100.
| 2 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £9,000 | £2,100 | £11,100 |
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 | 47.329 % | £4,259 | £13,259 |
| 3 Month Average | 10.187 % | £916 | £9,916 |
| 6 Month Average | 20.600 % | £1,853 | £10,853 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £324,808 | £319,999 | 1 MELROSE DRIVE |
| 30 Jun 2023 | £303,678 | £300,000 | 11A MELROSE DRIVE |
| 19 Apr 2023 | £530,714 | £525,000 | 32 MILFORD ROAD |
| 1 Jul 2022 | £275,742 | £275,000 | 17 MILFORD COURT UXBRIDGE ROAD |
| 19 Apr 2022 | £535,496 | £520,000 | 46 MILFORD ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 21 Oct 2013. Using an estimated price of £11,100 means this house is valued at £236 per sq meter (£21 per sq foot).
The average size of a house on MELROSE DRIVE is 55 sq meters (594 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Oakwood Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oakwood Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Oakwood Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Oakwood Avenue |
| Apr 2024 | Anti-social behaviour | On or near Park View Road |