£406,970
This estimated value is based upon the latest sale price for the house of £238,000 on 6 Apr 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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49 Station Approach, Hayes, BR2 7EB
Phone: 02081154722
| Price Paid | Date |
|---|---|
| £238,000 | 6 Apr 2010 |
| £75,500 | 18 Sep 1995 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 April 2010 the House Price Index for GREATER LONDON was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.996%.Applying this 70.996% change to the original purchase price of £238,000 results in an estimated price of approximately £406,970.
| 6 Apr 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 70.996 % | £238,000 | £168,970 | £406,970 |
The Postcode Pricing Model uses changes in average sales price within the BR2 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 | 57.497 % | £136,843 | £374,843 |
| 3 Month Average | 74.246 % | £176,704 | £414,704 |
| 6 Month Average | 77.919 % | £185,446 | £423,446 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £568,738 | £560,000 | 61 MEAD WAY |
| 12 Apr 2023 | £521,759 | £512,000 | 5 BIDBOROUGH CLOSE |
| 23 Feb 2023 | £563,766 | £560,000 | 20 STANSTEAD CLOSE |
| 6 Jan 2023 | £651,741 | £650,000 | 1 BARNHILL AVENUE |
| 2 Aug 2022 | £645,518 | £642,500 | 150 MEAD WAY |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 17 Oct 2019. Using an estimated price of £406,971 means this house is valued at £4,963 per sq meter (£461 per sq foot).
The average size of a house on CULVERSTONE CLOSE is 113 sq meters (1,218 sq feet).
This house is the smallest in the street with a floor area of 82 sq meters (882 sq feet).