£478,913
This estimated value is based upon the latest sale price for the house of £219,950 on 4 Dec 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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243 The Broadway, Southall, UB1 1NF
Phone: 02036417952
Price Paid | Date |
---|---|
£219,950 | 4 Dec 2003 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 December 2003 the House Price Index for GREATER LONDON was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £219,950 results in an estimated price of approximately £478,913.
4 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 148.6 | 117.737 % | £219,950 | £258,963 | £478,913 |
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 | 152.891 % | £336,284 | £556,234 |
3 Month Average | 118.914 % | £261,551 | £481,501 |
6 Month Average | 130.450 % | £286,924 | £506,874 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £564,884 | £555,000 | 58 BERESFORD ROAD |
15 Sep 2023 | £493,814 | £487,500 | 31 BERESFORD ROAD |
6 Jan 2023 | £597,187 | £600,000 | 40 BERESFORD ROAD |
21 Oct 2022 | £509,514 | £515,000 | 36 RANELAGH ROAD |
19 Aug 2022 | £478,711 | £480,000 | 75 BERESFORD ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 12 Sep 2017. Using an estimated price of £478,913 means this house is valued at £4,789 per sq meter (£444 per sq foot).
The average size of a house on BERESFORD ROAD is 97 sq meters (1,052 sq feet).