£447,013
This estimated value is based upon the latest sale price for the house of £292,000 on 4 Jun 2014. 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 |
|---|---|
| £292,000 | 4 Jun 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 657 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 2014 the House Price Index for GREATER LONDON was 96.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 53.087%.Applying this 53.087% change to the original purchase price of £292,000 results in an estimated price of approximately £447,013.
| 4 Jun 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.0 | 53.087 % | £292,000 | £155,013 | £447,013 |
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 | -3.119 % | £-9,107 | £282,892 |
| 3 Month Average | 36.739 % | £107,278 | £399,278 |
| 6 Month Average | 61.954 % | £180,906 | £472,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £250,027 | £248,000 | FLAT 17 OSTERLEY GARDENS CHEVY ROAD |
| 6 Apr 2023 | £297,209 | £295,000 | FLAT 48 LEVETT HOUSE DENMAN AVENUE |
| 3 Feb 2023 | £398,117 | £400,000 | FLAT 44 LEVETT HOUSE DENMAN AVENUE |
| 17 Dec 2021 | £317,981 | £298,000 | FLAT 38 LEVETT HOUSE DENMAN AVENUE |
| 24 Apr 2020 | £231,069 | £188,995 | FLAT 3 TULK HOUSE HILDA ROAD |
This house has a floor area of 61 sq meters or 657 sq feet when measured on 18 Mar 2010. Using an estimated price of £447,014 means this house is valued at £7,316 per sq meter (£679 per sq foot).
The average size of a house on WEST PARK ROAD is 89 sq meters (959 sq feet).