£869,897
This estimated value is based upon the latest sale price for the house of £700,000 on 12 Dec 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6th Floor Vantage London, Brentford, London, TW8 9AG
Phone: 02081281072
| Price Paid | Date |
|---|---|
| £700,000 | 12 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 December 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £700,000 results in an estimated price of approximately £869,897.
| 12 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £700,000 | £169,897 | £869,897 |
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 | 30.359 % | £212,513 | £912,513 |
| 3 Month Average | 43.403 % | £303,819 | £1,003,819 |
| 6 Month Average | 19.643 % | £137,503 | £837,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £760,000 | £760,000 | 21 THE RIDGEWAY |
| 11 Apr 2024 | £974,967 | £966,500 | 51 THE RIDGEWAY |
| 31 Aug 2023 | £670,849 | £658,750 | 195 GUNNERSBURY LANE |
| 24 Apr 2023 | £906,964 | £890,000 | 2 LILLIAN AVENUE |
| 27 Mar 2023 | £935,625 | £920,000 | 166 GUNNERSBURY LANE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 10 May 2018. Using an estimated price of £869,897 means this house is valued at £7,435 per sq meter (£690 per sq foot).
The average size of a house on THE RIDGEWAY is 109 sq meters (1,175 sq feet).