£226,367
This estimated value is based upon the latest sale price for the house of £170,000 on 11 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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183 Western Road, Southall, UB2 5HR
Phone: 02081152153
| Price Paid | Date |
|---|---|
| £170,000 | 11 Jul 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 July 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £170,000 results in an estimated price of approximately £226,367.
| 11 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £170,000 | £56,367 | £226,367 |
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 | 24.156 % | £41,065 | £211,065 |
| 3 Month Average | 37.953 % | £64,519 | £234,519 |
| 6 Month Average | 19.195 % | £32,630 | £202,630 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £563,340 | £555,000 | 5 MANOR WAY |
| 18 Jul 2022 | £323,070 | £322,200 | 4 MANOR WAY |
| 23 Dec 2021 | £203,562 | £190,000 | 256 CONVENT WAY |
| 15 Nov 2021 | £518,045 | £479,000 | 141 WENTWORTH ROAD |
| 14 Dec 2020 | £298,405 | £260,000 | 128 WENTWORTH ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 4 Mar 2015. Using an estimated price of £226,368 means this house is valued at £3,328 per sq meter (£309 per sq foot).
The average size of a house on CONVENT WAY is 74 sq meters (803 sq feet).