£213,201
This estimated value is based upon the latest sale price for the house of £128,000 on 14 Jun 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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9 Redmead Road, Hayes, UB3 4AU
Phone: 02036414382
Price Paid | Date |
---|---|
£128,000 | 14 Jun 2013 |
£120,000 | 1 Sep 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 31 sq meters or 333 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 2013 the House Price Index for GREATER LONDON was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £128,000 results in an estimated price of approximately £213,201.
14 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.2 | 148.6 | 66.563 % | £128,000 | £85,201 | £213,201 |
The Postcode Pricing Model uses changes in average sales price within the UB3 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 | -8.948 % | £-11,453 | £116,546 |
3 Month Average | 34.141 % | £43,700 | £171,700 |
6 Month Average | 62.822 % | £80,411 | £208,411 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Feb 2023 | £199,866 | £200,000 | 23 COPTHORNE MEWS |
20 Jul 2022 | £423,139 | £422,000 | 4 BUSHEY ROAD |
7 May 2021 | £401,163 | £355,000 | 16 BUSHEY ROAD |
24 Mar 2020 | £535,974 | £445,000 | 24 BUSHEY ROAD |
9 Aug 2019 | £219,041 | £178,000 | 12 COPTHORNE MEWS |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 17 Jun 2019. Using an estimated price of £213,201 means this house is valued at £6,877 per sq meter (£638 per sq foot).
The average size of a house on COPTHORNE MEWS is 39 sq meters (423 sq feet).