£359,408
This estimated value is based upon the latest sale price for the house of £65,500 on 31 Oct 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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8 Norwood Road, Southall, UB2 4DL
Phone: 02035512774
Price Paid | Date |
---|---|
£65,500 | 31 Oct 1996 |
Semi-Detached |
Freehold |
Floor Area: 45 sq meters or 484 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 1996 the House Price Index for GREATER LONDON was 27.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 448.715%.Applying this 448.715% change to the original purchase price of £65,500 results in an estimated price of approximately £359,408.
31 Oct 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.1 | 148.6 | 448.715 % | £65,500 | £293,908 | £359,408 |
The Postcode Pricing Model uses changes in average sales price within the UB2 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 | 373.392 % | £244,571 | £310,071 |
3 Month Average | 490.150 % | £321,048 | £386,548 |
6 Month Average | 427.646 % | £280,108 | £345,608 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £507,514 | £500,000 | 5 GORDON ROAD |
1 Sep 2023 | £405,181 | £400,000 | 9 GORDON ROAD |
29 Jul 2022 | £228,615 | £228,000 | FLAT A 37 INVERNESS ROAD |
30 Jun 2022 | £461,522 | £455,000 | 28 GORDON ROAD |
23 Feb 2022 | £393,260 | £375,000 | 5 TALBOT ROAD |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 30 Nov 2019. Using an estimated price of £359,408 means this house is valued at £7,986 per sq meter (£742 per sq foot).
The average size of a house on INVERNESS ROAD is 82 sq meters (891 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Under investigation | On or near Gordon Road |
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Gordon Road |