£328,333
This estimated value is based upon the latest sale price for the house of £319,999 on 24 Nov 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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86a High Street, Southall Broadway, UB1 3DB
Phone: 02080226139
| Price Paid | Date |
|---|---|
| £319,999 | 24 Nov 2023 |
| £11,000 | 18 Mar 2020 |
| Semi-Detached |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 November 2023 the House Price Index for GREATER LONDON was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £319,999 results in an estimated price of approximately £328,333.
| 24 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £319,999 | £8,334 | £328,333 |
The Postcode Pricing Model uses changes in average sales price within the UB1 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 | 16.782 % | £53,702 | £373,701 |
| 3 Month Average | -17.122 % | £-54,791 | £265,207 |
| 6 Month Average | -14.911 % | £-47,716 | £272,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £535,000 | £535,000 | 42 OAKWOOD AVENUE |
| 24 Nov 2023 | £328,333 | £319,999 | 1 MELROSE DRIVE |
| 30 Jun 2023 | £306,135 | £300,000 | 11A MELROSE DRIVE |
| 19 Apr 2023 | £535,007 | £525,000 | 32 MILFORD ROAD |
| 1 Jul 2022 | £277,783 | £275,000 | 17 MILFORD COURT UXBRIDGE ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 21 Aug 2013. Using an estimated price of £328,333 means this house is valued at £6,437 per sq meter (£598 per sq foot).
The average size of a house on MELROSE DRIVE is 55 sq meters (594 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Melrose Drive | |
| Oct 2024 | Vehicle crime | Under investigation | On or near Melrose Drive |
| Oct 2024 | Anti-social behaviour | On or near Melrose Drive | |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Melrose Drive |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Melrose Drive |