£501,260
This estimated value is based upon the latest sale price for the house of £400,000 on 6 Jun 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 The Crescent, Southall, UB1 1RE
Phone: 02036414403
| Price Paid | Date |
|---|---|
| £400,000 | 6 Jun 2018 |
| £200,000 | 29 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 June 2018 the House Price Index for GREATER LONDON was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £400,000 results in an estimated price of approximately £501,260.
| 6 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £400,000 | £101,260 | £501,260 |
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 | -42.601 % | £-170,404 | £229,595 |
| 3 Month Average | -6.209 % | £-24,835 | £375,164 |
| 6 Month Average | -0.903 % | £-3,613 | £396,386 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Feb 2023 | £257,722 | £256,000 | 23A PORTLAND ROAD |
| 9 Sep 2022 | £369,753 | £370,000 | 36 GROSVENOR ROAD |
| 22 Aug 2022 | £517,419 | £515,000 | 23 CHURCH ROAD |
| 8 Jul 2022 | £252,530 | £250,000 | 1 MARLOW ROAD |
| 20 Jun 2022 | £286,116 | £280,000 | 23 MARLOW ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 26 Sep 2018. Using an estimated price of £501,260 means this house is valued at £6,866 per sq meter (£637 per sq foot).
The average size of a house on GROSVENOR ROAD is 85 sq meters (920 sq feet).