£577,509
This estimated value is based upon the latest sale price for the house of £470,000 on 17 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Office 106, 11 Courtenay Road, East Lane Business Park, Wembley, London, HA9 7ND
Phone: 02035519752
Price Paid | Date |
---|---|
£470,000 | 17 Jan 2020 |
£120,000 | 16 Nov 2000 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,033 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £470,000 results in an estimated price of approximately £577,509.
17 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 149.7 | 22.874 % | £470,000 | £107,509 | £577,509 |
The Postcode Pricing Model uses changes in average sales price within the HA9 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 | -28.330 % | £-133,151 | £336,848 |
3 Month Average | 101.024 % | £474,810 | £944,810 |
6 Month Average | 79.308 % | £372,746 | £842,746 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Oct 2022 | £717,603 | £720,000 | 51 ROSSLYN CRESCENT |
11 May 2022 | £749,527 | £730,000 | 72 ROSSLYN CRESCENT |
21 Mar 2022 | £537,626 | £515,000 | 53 MEADOW WAY |
31 Jan 2022 | £530,046 | £499,950 | 4 THE GLEN |
29 Sep 2021 | £559,068 | £515,000 | 3 MEADOW WAY |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 17 Apr 2019. Using an estimated price of £577,509 means this house is valued at £6,015 per sq meter (£558 per sq foot).
The average size of a house on MEADOW WAY is 102 sq meters (1,105 sq feet).