£314,300
This estimated value is based upon the latest sale price for the house of £66,950 on 15 Jun 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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183 Western Road, Southall, UB2 5HR
Phone: 02081152153
Price Paid | Date |
---|---|
£66,950 | 15 Jun 1998 |
£60,000 | 20 Jan 1995 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 1998 the House Price Index for GREATER LONDON was 31.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 369.456%.Applying this 369.456% change to the original purchase price of £66,950 results in an estimated price of approximately £314,300.
15 Jun 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.7 | 148.6 | 369.456 % | £66,950 | £247,350 | £314,300 |
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 | 260.325 % | £174,287 | £241,237 |
3 Month Average | 309.515 % | £207,220 | £274,170 |
6 Month Average | 368.070 % | £246,422 | £313,372 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £563,340 | £555,000 | 5 MANOR WAY |
30 Jun 2023 | £485,886 | £480,000 | 95 GREENLAND CRESCENT |
3 Nov 2022 | £460,423 | £466,000 | 187 WESTERN ROAD |
18 Jul 2022 | £323,070 | £322,200 | 4 MANOR WAY |
28 Feb 2022 | £482,399 | £460,000 | 213 WESTERN ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 7 Dec 2015. Using an estimated price of £314,301 means this house is valued at £3,654 per sq meter (£339 per sq foot).
The average size of a house on WESTERN ROAD is 75 sq meters (816 sq feet).