£261,086
This estimated value is based upon the latest sale price for the house of £137,500 on 8 Oct 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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41 Station Road, London, UB7 7LN
Phone: 02036417883
Price Paid | Date |
---|---|
£137,500 | 8 Oct 2004 |
£118,000 | 23 Oct 2003 |
£118,000 | 23 Oct 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 October 2004 the House Price Index for GREATER LONDON was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £137,500 results in an estimated price of approximately £261,086.
8 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 148.6 | 89.881 % | £137,500 | £123,586 | £261,086 |
The Postcode Pricing Model uses changes in average sales price within the UB7 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 | 103.553 % | £142,385 | £279,885 |
3 Month Average | 123.670 % | £170,046 | £307,546 |
6 Month Average | 101.800 % | £139,974 | £277,474 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £278,562 | £275,000 | FLAT 20 GARDEN COURT, 70 STATION ROAD |
28 Apr 2023 | £242,612 | £240,000 | FLAT 44 GARDEN COURT, 70 STATION ROAD |
3 Mar 2023 | £323,043 | £320,000 | 2 CLASSON CLOSE |
17 May 2022 | £300,665 | £295,000 | FLAT 41 GARDEN COURT, 70 STATION ROAD |
14 Apr 2022 | £509,751 | £495,000 | 9 DRAYTON GARDENS |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 30 Jul 2012. Using an estimated price of £261,086 means this house is valued at £5,221 per sq meter (£485 per sq foot).
The average size of a house on DRAYTON GARDENS is 88 sq meters (950 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Drayton Gardens |
Mar 2024 | Public order | Under investigation | On or near Drayton Gardens |