This estimated value is based upon the latest sale price for the house of £160,000 on 20 Dec 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON1
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|£160,000||20 Dec 2004|
|£160,000||26 Aug 2003|
|£137,500||6 Sep 2001|
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 2004 the House Price Index for GREATER LONDON was 64.0.The House Price Index as of 1 Dec 2019 is 123.2 which is a change of 92.604%.
Applying this 92.604% change to the original purchase price of £160,000 gives us an estimated price now of around £308,167.
|20 Dec 2004||1 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the W5 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||221.359 %||£354,173||£514,173|
|3 Month Average||102.172 %||£163,475||£323,475|
|6 Month Average||75.478 %||£120,764||£280,764|
|Date||Current Estimated Value||Price Paid||Address|
|29 Nov 2019||£919,799||£914,100||56 JULIEN ROAD|
|30 Aug 2019||£1,437,719||£1,425,000||1 NEW MOUNT COURT JULIEN ROAD|
|19 Aug 2019||£459,061||£455,000||300 NORTHFIELD AVENUE|
|31 May 2019||£1,093,448||£1,060,000||28 WELLINGTON ROAD|
|17 Jan 2019||£823,898||£815,000||7 JULIEN ROAD|