£685,426
This estimated value is based upon the latest sale price for the house of £144,500 on 5 May 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 East Vale, London, W3 7RU
Phone: 02080333035
| Price Paid | Date |
|---|---|
| £144,500 | 5 May 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,035 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 May 1998 the House Price Index for GREATER LONDON was 31.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 374.343%.Applying this 374.343% change to the original purchase price of £144,500 results in an estimated price of approximately £685,426.
| 5 May 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 149.7 | 374.343 % | £144,500 | £540,926 | £685,426 |
The Postcode Pricing Model uses changes in average sales price within the W3 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 | 494.159 % | £714,059 | £858,559 |
| 3 Month Average | 332.392 % | £480,307 | £624,807 |
| 6 Month Average | 358.504 % | £518,038 | £662,538 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £1,815,768 | £1,800,000 | 21 SECOND AVENUE |
| 7 Mar 2023 | £1,301,739 | £1,280,000 | 42 SECOND AVENUE |
| 31 Jan 2023 | £1,133,027 | £1,130,000 | 4 FIRST AVENUE |
| 7 Sep 2022 | £524,650 | £525,000 | FIRST FLOOR FLAT, 5 OLD OAK ROAD |
| 28 Jun 2021 | £767,415 | £710,000 | 64 FIRST AVENUE |
This house has a floor area of 96 sq meters or 1,035 sq feet when measured on 21 Feb 2012. Using an estimated price of £685,426 means this house is valued at £7,125 per sq meter (£662 per sq foot).
The average size of a house on FIRST AVENUE is 145 sq meters (1,569 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Armstrong Road |