£404,133
This estimated value is based upon the latest sale price for the house of £355,000 on 7 May 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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9 Redmead Road, Hayes, UB3 4AU
Phone: 02036414382
| Price Paid | Date |
|---|---|
| £355,000 | 7 May 2021 |
| £339,000 | 14 Aug 2019 |
| £280,000 | 28 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 May 2021 the House Price Index for GREATER LONDON was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £355,000 results in an estimated price of approximately £404,133.
| 7 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £355,000 | £49,133 | £404,133 |
The Postcode Pricing Model uses changes in average sales price within the UB3 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 | -40.152 % | £-142,539 | £212,460 |
| 3 Month Average | -28.400 % | £-100,821 | £254,178 |
| 6 Month Average | -14.504 % | £-51,488 | £303,511 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £250,000 | £250,000 | 2 COPTHORNE MEWS |
| 30 Nov 2023 | £471,981 | £460,000 | 343 STATION ROAD |
| 17 Feb 2023 | £201,345 | £200,000 | 23 COPTHORNE MEWS |
| 20 Jul 2022 | £426,271 | £422,000 | 4 BUSHEY ROAD |
| 17 Jun 2022 | £498,148 | £487,500 | 335 STATION ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 4 Oct 2019. Using an estimated price of £404,133 means this house is valued at £4,811 per sq meter (£446 per sq foot).
The average size of a house on BUSHEY ROAD is 102 sq meters (1,106 sq feet).