£385,868
This estimated value is based upon the latest sale price for the house of £81,950 on 15 May 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Parklands Parade, Bath Road, Hounslow, TW5 9AX
Phone: 02036416718
| Price Paid | Date |
|---|---|
| £81,950 | 15 May 1998 |
| Semi-Detached |
| 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 May 1998 the House Price Index for GREATER LONDON was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £81,950 results in an estimated price of approximately £385,868.
| 15 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 148.6 | 370.858 % | £81,950 | £303,918 | £385,868 |
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 | 593.758 % | £486,585 | £568,535 |
| 3 Month Average | 544.124 % | £445,909 | £527,859 |
| 6 Month Average | 412.617 % | £338,139 | £420,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £739,455 | £730,000 | 2 BROWNING WAY |
| 10 Aug 2023 | £295,586 | £293,000 | 10 BROADWELL COURT SPRINGWELL ROAD |
| 28 Oct 2022 | £579,758 | £586,000 | 46 BROWNING WAY |
| 18 Feb 2022 | £482,399 | £460,000 | 20 BROWNING WAY |
| 29 Sep 2021 | £288,795 | £268,000 | 144 SPRINGWELL ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 23 Jun 2020. Using an estimated price of £385,868 means this house is valued at £6,890 per sq meter (£640 per sq foot).
The average size of a house on CHAILEY CLOSE is 66 sq meters (720 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chailey Close |
| Mar 2024 | Possession of weapons | Under investigation | On or near Springwell Road |
| Mar 2024 | Other theft | Under investigation | On or near Springwell Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Springwell Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Springwell Road |