£393,037
This estimated value is based upon the latest sale price for the house of £275,000 on 3 Aug 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Parklands Parade, Bath Road, Hounslow, TW5 9AX
Phone: 02036416718
| Price Paid | Date |
|---|---|
| £275,000 | 3 Aug 2015 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 August 2015 the House Price Index for GREATER LONDON was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £275,000 results in an estimated price of approximately £393,037.
| 3 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £275,000 | £118,037 | £393,037 |
The Postcode Pricing Model uses changes in average sales price within the TW5 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 | 73.538 % | £202,228 | £477,228 |
| 3 Month Average | 73.183 % | £201,254 | £476,254 |
| 6 Month Average | 47.950 % | £131,862 | £406,862 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £295,586 | £293,000 | 10 BROADWELL COURT SPRINGWELL ROAD |
| 28 Oct 2022 | £579,758 | £586,000 | 46 BROWNING WAY |
| 25 Jul 2022 | £681,835 | £680,000 | 179 SPRINGWELL ROAD |
| 7 Mar 2022 | £244,558 | £236,000 | 6 ALL SAINTS COURT SPRINGWELL ROAD |
| 29 Sep 2021 | £288,795 | £268,000 | 144 SPRINGWELL ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 11 Sep 2013. Using an estimated price of £393,038 means this house is valued at £7,146 per sq meter (£663 per sq foot).
The average size of a house on SPRINGWELL ROAD is 96 sq meters (1,034 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chailey Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Marchside Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marchside Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marchside Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marchside Close |