£19,442
This estimated value is based upon the latest sale price for the house of £15,000 on 22 Mar 2017. 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 |
|---|---|
| £15,000 | 22 Mar 2017 |
| Leasehold |
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 March 2017 the House Price Index for GREATER LONDON was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £15,000 results in an estimated price of approximately £19,442.
| 22 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £15,000 | £4,442 | £19,442 |
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 | -27.633 % | £-4,144 | £10,855 |
| 3 Month Average | 25.794 % | £3,869 | £18,869 |
| 6 Month Average | 18.294 % | £2,744 | £17,744 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £563,340 | £555,000 | 5 MANOR WAY |
| 24 Nov 2022 | £251,948 | £255,000 | 360 CONVENT WAY |
| 18 Jul 2022 | £323,070 | £322,200 | 4 MANOR WAY |
| 23 Dec 2021 | £203,562 | £190,000 | 256 CONVENT WAY |
| 15 Nov 2021 | £518,045 | £479,000 | 141 WENTWORTH ROAD |