£255,539
This estimated value is based upon the latest sale price for the house of £145,000 on 23 Oct 2008. 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 |
---|---|
£145,000 | 23 Oct 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 October 2008 the House Price Index for GREATER LONDON was 84.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.234%.Applying this 76.234% change to the original purchase price of £145,000 results in an estimated price of approximately £255,539.
23 Oct 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.9 | 149.7 | 76.234 % | £145,000 | £110,539 | £255,539 |
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 | 131.429 % | £190,571 | £335,571 |
3 Month Average | 69.412 % | £100,646 | £245,646 |
6 Month Average | 72.053 % | £104,477 | £249,477 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £670,606 | £650,000 | UNIT 9 PARK ROYAL METRO CENTRE |
30 Oct 2023 | £199,532 | £195,000 | 1 CANADA CRESCENT |
28 Jun 2023 | £959,223 | £940,000 | UNIT 12 SOVEREIGN PARK |
13 Feb 2023 | £1,031,893 | £1,025,000 | UNIT 13 SOVEREIGN PARK |
8 Aug 2022 | £653,054 | £650,000 | UNIT 10 PARK ROYAL METRO CENTRE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 2 Jul 2018. Using an estimated price of £255,540 means this house is valued at £4,821 per sq meter (£447 per sq foot).
The average size of a house on WESTERN AVENUE is 87 sq meters (940 sq feet).