£395,367
This estimated value is based upon the latest sale price for the house of £320,000 on 1 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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166 Heston Road, Heston, TW5 0QU
Phone: 02034783624
Price Paid | Date |
---|---|
£320,000 | 1 Nov 2019 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 602 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 November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £320,000 results in an estimated price of approximately £395,367.
1 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £320,000 | £75,367 | £395,367 |
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 | 35.744 % | £114,381 | £434,381 |
3 Month Average | 43.116 % | £137,971 | £457,971 |
6 Month Average | 7.509 % | £24,027 | £344,027 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2024 | £620,000 | £620,000 | 60 HOGARTH GARDENS |
30 Mar 2022 | £506,308 | £485,000 | 45 CHURCH ROAD |
29 Nov 2021 | £784,454 | £720,000 | 61 UPPER SUTTON LANE |
11 Oct 2021 | £668,801 | £600,000 | 10 ELDON AVENUE |
2 Oct 2020 | £413,618 | £350,000 | 25 SONIA GARDENS |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 15 Jul 2019. Using an estimated price of £395,368 means this house is valued at £7,060 per sq meter (£655 per sq foot).
The average size of a house on SONIA GARDENS is 71 sq meters (774 sq feet).