£302,478
This estimated value is based upon the latest sale price for the house of £108,000 on 24 Jul 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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47-49 Park Royal Road, London, NW10 7LQ
Phone: 02034636974
| Price Paid | Date |
|---|---|
| £108,000 | 24 Jul 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 557 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 July 2002 the House Price Index for GREATER LONDON was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £108,000 results in an estimated price of approximately £302,478.
| 24 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.6 | 180.072 % | £108,000 | £194,478 | £302,478 |
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 | 142.699 % | £154,114 | £262,114 |
| 3 Month Average | 117.417 % | £126,810 | £234,810 |
| 6 Month Average | 128.012 % | £138,252 | £246,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £661,575 | £650,000 | UNIT 9 PARK ROYAL METRO CENTRE |
| 28 Jul 2023 | £912,228 | £899,950 | 44 HIGHFIELD ROAD |
| 28 Jun 2023 | £951,526 | £940,000 | UNIT 12 SOVEREIGN PARK |
| 13 Feb 2023 | £1,024,311 | £1,025,000 | UNIT 13 SOVEREIGN PARK |
| 8 Aug 2022 | £648,255 | £650,000 | UNIT 10 PARK ROYAL METRO CENTRE |
This house has a floor area of 51 sq meters or 557 sq feet when measured on 9 Nov 2009. Using an estimated price of £302,478 means this house is valued at £5,839 per sq meter (£542 per sq foot).
The average size of a house on WESTERN AVENUE is 87 sq meters (940 sq feet).