£651,728
This estimated value is based upon the latest sale price for the house of £400,000 on 1 Mar 2007. 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 |
---|---|
£400,000 | 1 Mar 2007 |
£357,000 | 30 Jan 2004 |
£195,000 | 1 Jun 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 227 sq meters or 2,443 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 2007 the House Price Index for GREATER LONDON was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £400,000 results in an estimated price of approximately £651,728.
1 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 149.7 | 62.932 % | £400,000 | £251,728 | £651,728 |
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 | 41.070 % | £164,278 | £564,278 |
3 Month Average | 61.409 % | £245,637 | £645,637 |
6 Month Average | 78.309 % | £313,235 | £713,235 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £448,082 | £440,000 | FLAT 3 CHAUCER HOUSE HILDA ROAD |
27 Jan 2023 | £431,152 | £430,000 | 43 OSTERLEY VIEWS WEST PARK ROAD |
1 Sep 2022 | £365,506 | £365,750 | 62 OSTERLEY VIEWS WEST PARK ROAD |
15 Jun 2022 | £225,827 | £221,000 | FLAT 6 OSTERLEY VIEWS WEST PARK ROAD |
7 Mar 2022 | £433,232 | £415,000 | FLAT 13 OSTERLEY VIEWS WEST PARK ROAD |
This house has a floor area of 227 sq meters or 2,443 sq feet when measured on 5 Dec 2017. Using an estimated price of £651,728 means this house is valued at £2,871 per sq meter (£266 per sq foot).
The average size of a house on WEST PARK ROAD is 89 sq meters (959 sq feet).
This house is the largest in the street with a floor area of 227 sq meters (2,443 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hospital |