£585,473
This estimated value is based upon the latest sale price for the house of £505,000 on 11 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Estate House, 40 Station Road, West Drayton, UB7 7DA
Phone: 01895262388
Price Paid | Date |
---|---|
£505,000 | 11 Nov 2020 |
Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 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 November 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £505,000 results in an estimated price of approximately £585,473.
11 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £505,000 | £80,473 | £585,473 |
The Postcode Pricing Model uses changes in average sales price within the UB7 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 | -26.704 % | £-134,855 | £370,144 |
3 Month Average | -1.502 % | £-7,586 | £497,413 |
6 Month Average | 0.536 % | £2,705 | £507,705 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £289,283 | £285,000 | 10A MONEY LANE |
22 Sep 2023 | £473,788 | £467,730 | 75 MILL ROAD |
28 Oct 2022 | £593,609 | £600,000 | 21 MONEY LANE |
13 Sep 2022 | £590,234 | £595,000 | 8 WISE LANE |
12 Aug 2022 | £484,197 | £485,500 | 27 MILL ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 11 Jun 2020. Using an estimated price of £585,474 means this house is valued at £5,274 per sq meter (£490 per sq foot).
The average size of a house on ELRUGE CLOSE is 100 sq meters (1,079 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elruge Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elruge Close |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elruge Close |
Dec 2023 | Vehicle crime | Under investigation | On or near Mill Court |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |