£704,227
This estimated value is based upon the latest sale price for the house of £570,000 on 7 Jun 2019. 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 |
|---|---|
| £570,000 | 7 Jun 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £570,000 results in an estimated price of approximately £704,227.
| 7 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £570,000 | £134,227 | £704,227 |
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 | 55.529 % | £316,514 | £886,514 |
| 3 Month Average | 59.257 % | £337,763 | £907,763 |
| 6 Month Average | 26.353 % | £150,210 | £720,210 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £605,295 | £600,000 | 64A SHELLEY CRESCENT |
| 18 Aug 2023 | £253,215 | £251,000 | 20 PARKLANDS COURT GREAT WEST ROAD |
| 21 Jul 2023 | £293,956 | £290,000 | 5 PARKLANDS COURT GREAT WEST ROAD |
| 20 Jul 2023 | £679,141 | £670,000 | 31 BURNS WAY |
| 7 Jun 2023 | £610,394 | £603,000 | 24 SHELLEY CRESCENT |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 15 Feb 2019. Using an estimated price of £704,228 means this house is valued at £5,772 per sq meter (£536 per sq foot).
The average size of a house on SHELLEY CRESCENT is 117 sq meters (1,269 sq feet).