£721,846
This estimated value is based upon the latest sale price for the house of £380,000 on 17 Dec 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Queens Drive, West Acton, London, W3 0HA
Phone: 02080226055
Price Paid | Date |
---|---|
£380,000 | 17 Dec 2004 |
Terraced |
Freehold |
Floor Area: 133 sq meters or 1,431 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 2004 the House Price Index for GREATER LONDON was 78.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £380,000 results in an estimated price of approximately £721,846.
17 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.8 | 149.7 | 89.960 % | £380,000 | £341,846 | £721,846 |
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 | 160.668 % | £610,538 | £990,538 |
3 Month Average | 110.394 % | £419,498 | £799,498 |
6 Month Average | 116.293 % | £441,914 | £821,914 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Mar 2024 | £952,129 | £937,500 | 54 PRINCES GARDENS |
24 Aug 2023 | £992,908 | £975,000 | 227 PRINCES GARDENS |
21 Mar 2023 | £777,993 | £765,000 | 19 PRINCES GARDENS |
3 Feb 2023 | £820,481 | £815,000 | 30 PRINCES GARDENS |
17 Dec 2021 | £893,127 | £827,500 | 72 PRINCES GARDENS |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 28 May 2013. Using an estimated price of £721,847 means this house is valued at £5,427 per sq meter (£504 per sq foot).
The average size of a house on PRINCES GARDENS is 112 sq meters (1,214 sq feet).