£508,732
This estimated value is based upon the latest sale price for the house of £440,000 on 15 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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41 Station Road, London, UB7 7LN
Phone: 02036417883
| Price Paid | Date |
|---|---|
| £440,000 | 15 Dec 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £440,000 results in an estimated price of approximately £508,732.
| 15 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £440,000 | £68,732 | £508,732 |
The Postcode Pricing Model uses changes in average sales price within the UB7 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 | -3.645 % | £-16,037 | £423,962 |
| 3 Month Average | 7.484 % | £32,930 | £472,930 |
| 6 Month Average | 4.634 % | £20,388 | £460,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £448,998 | £440,000 | 19 AUTUMN WAY |
| 22 Mar 2023 | £493,237 | £485,000 | 27 EVERGREEN DRIVE |
| 23 Jan 2023 | £551,474 | £550,000 | 30 EVERGREEN DRIVE |
| 22 Jun 2022 | £541,577 | £530,000 | 22 EVERGREEN DRIVE |
| 12 May 2022 | £462,037 | £450,000 | 17 SUMMER DRIVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 26 Jul 2012. Using an estimated price of £508,732 means this house is valued at £5,716 per sq meter (£531 per sq foot).
The average size of a house on SUMMER DRIVE is 89 sq meters (967 sq feet).