£531,425
This estimated value is based upon the latest sale price for the house of £410,000 on 28 Mar 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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183 Western Road, Southall, UB2 5HR
Phone: 02081152153
| Price Paid | Date |
|---|---|
| £410,000 | 28 Mar 2017 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 March 2017 the House Price Index for GREATER LONDON was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £410,000 results in an estimated price of approximately £531,425.
| 28 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £410,000 | £121,425 | £531,425 |
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 | -27.633 % | £-113,294 | £296,705 |
| 3 Month Average | 25.794 % | £105,756 | £515,756 |
| 6 Month Average | 18.294 % | £75,003 | £485,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £563,340 | £555,000 | 5 MANOR WAY |
| 3 Nov 2022 | £460,423 | £466,000 | 187 WESTERN ROAD |
| 18 Jul 2022 | £323,070 | £322,200 | 4 MANOR WAY |
| 28 Feb 2022 | £482,399 | £460,000 | 213 WESTERN ROAD |
| 10 Dec 2020 | £717,321 | £625,000 | 2 DERLEY ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 17 Aug 2017. Using an estimated price of £531,425 means this house is valued at £5,839 per sq meter (£542 per sq foot).
The average size of a house on MANOR WAY is 102 sq meters (1,100 sq feet).