£580,286
This estimated value is based upon the latest sale price for the house of £245,000 on 2 May 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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8 Grand Drive, London, UB2 4UR
Phone: 02081156088
Price Paid | Date |
---|---|
£245,000 | 2 May 2003 |
£110,000 | 22 Apr 1998 |
£83,500 | 14 Oct 1997 |
Semi-Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 May 2003 the House Price Index for GREATER LONDON was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £245,000 results in an estimated price of approximately £580,286.
2 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.7 | 148.6 | 136.852 % | £245,000 | £335,286 | £580,286 |
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 | 183.963 % | £450,708 | £695,708 |
3 Month Average | 129.900 % | £318,254 | £563,254 |
6 Month Average | 146.902 % | £359,910 | £604,910 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £506,821 | £500,000 | 22 BRENTVALE AVENUE |
24 Feb 2023 | £474,681 | £475,000 | 23 BRENTVALE AVENUE |
24 Feb 2023 | £704,526 | £705,000 | 52 BRENTVALE AVENUE |
14 Oct 2022 | £373,973 | £378,000 | 19 BRENTVALE AVENUE |
12 Jul 2022 | £541,458 | £540,000 | 421 UXBRIDGE ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 2 Oct 2019. Using an estimated price of £580,287 means this house is valued at £5,323 per sq meter (£494 per sq foot).
The average size of a house on WHARNCLIFFE DRIVE is 124 sq meters (1,341 sq feet).
This house is the largest in the street with a floor area of 109 sq meters (1,173 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Wharncliffe Drive |
Apr 2024 | Anti-social behaviour | On or near Blackmore Avenue | |
Apr 2024 | Vehicle crime | Under investigation | On or near Blackmore Avenue |
Apr 2024 | Anti-social behaviour | On or near Blackmore Avenue | |
Feb 2024 | Anti-social behaviour | On or near Blackmore Avenue |