£340,920
This estimated value is based upon the latest sale price for the house of £180,000 on 24 Jan 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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53 Old Oak Common Lane, Acton, W3 7DD
Phone: 02035514501
Price Paid | Date |
---|---|
£180,000 | 24 Jan 2005 |
£88,000 | 3 Dec 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 2005 the House Price Index for GREATER LONDON was 79.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.400%.Applying this 89.400% change to the original purchase price of £180,000 results in an estimated price of approximately £340,920.
24 Jan 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.0 | 149.7 | 89.400 % | £180,000 | £160,920 | £340,920 |
The Postcode Pricing Model uses changes in average sales price within the W3 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 | 192.399 % | £346,317 | £526,317 |
3 Month Average | 109.865 % | £197,756 | £377,756 |
6 Month Average | 119.725 % | £215,505 | £395,505 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Oct 2023 | £603,712 | £590,000 | 1A FRIARS PLACE LANE |
16 Mar 2023 | £793,247 | £780,000 | 17 GIBBON ROAD |
30 Jan 2023 | £696,862 | £695,000 | 87 BRASSIE AVENUE |
14 Apr 2022 | £912,931 | £880,000 | 24 GIBBON ROAD |
4 Mar 2022 | £365,377 | £350,000 | 154 WESTERN AVENUE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 22 Apr 2020. Using an estimated price of £340,920 means this house is valued at £5,411 per sq meter (£502 per sq foot).
The average size of a house on WESTERN AVENUE is 87 sq meters (940 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Braid Avenue |
Apr 2024 | Vehicle crime | Under investigation | On or near Templemead Close |
Apr 2024 | Anti-social behaviour | On or near Gibbon Road | |
Apr 2024 | Anti-social behaviour | On or near Gibbon Road | |
Apr 2024 | Anti-social behaviour | On or near Gibbon Road |