£305,404
This estimated value is based upon the latest sale price for the house of £242,000 on 31 Oct 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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534 Victoria Road, South Ruislip, HA4 0HD
Phone: 02081289242
Price Paid | Date |
---|---|
£242,000 | 31 Oct 2017 |
£225,000 | 1 Jun 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 October 2017 the House Price Index for GREATER LONDON was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £242,000 results in an estimated price of approximately £305,404.
31 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.6 | 26.200 % | £242,000 | £63,404 | £305,404 |
The Postcode Pricing Model uses changes in average sales price within the HA4 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 | 18.849 % | £45,615 | £287,615 |
3 Month Average | -1.696 % | £-4,103 | £237,896 |
6 Month Average | -1.168 % | £-2,826 | £239,173 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jun 2023 | £161,962 | £160,000 | 465 VICTORIA ROAD |
13 May 2022 | £386,278 | £379,000 | 15 BURGUNDY COURT, 31 ARLA PLACE |
12 Mar 2021 | £530,953 | £477,000 | 21 GRAPHITE COURT, 8 ARLA PLACE |
1 Dec 2020 | £378,745 | £330,000 | 521 VICTORIA ROAD |
25 Aug 2020 | £491,617 | £410,000 | 8 AQUA COURT, 5 ARLA PLACE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 25 Jul 2017. Using an estimated price of £305,404 means this house is valued at £4,925 per sq meter (£457 per sq foot).
The average size of a house on VICTORIA ROAD is 81 sq meters (880 sq feet).