£317,142
This estimated value is based upon the latest sale price for the house of £200,000 on 28 Mar 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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225 The Broadway, Southall, Middlesex, UB1 1ND
Phone: 02036416760
Price Paid | Date |
---|---|
£200,000 | 28 Mar 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 March 2014 the House Price Index for GREATER LONDON was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £200,000 results in an estimated price of approximately £317,142.
28 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 149.7 | 58.571 % | £200,000 | £117,142 | £317,142 |
The Postcode Pricing Model uses changes in average sales price within the UB4 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 | 38.387 % | £76,774 | £276,774 |
3 Month Average | 54.217 % | £108,433 | £308,433 |
6 Month Average | 74.200 % | £148,400 | £348,400 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 May 2024 | £350,000 | £350,000 | 11 AIRDRIE CLOSE |
8 Mar 2024 | £431,632 | £425,000 | 2 KENNETT DRIVE |
2 Mar 2023 | £292,891 | £288,000 | 35 WEST QUAY DRIVE |
13 May 2022 | £308,025 | £300,000 | 109 GLENCOE ROAD |
17 Dec 2021 | £466,801 | £432,500 | 9 AIRDRIE CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 26 Jul 2013. Using an estimated price of £317,143 means this house is valued at £5,375 per sq meter (£499 per sq foot).
The average size of a house on WEST QUAY DRIVE is 57 sq meters (620 sq feet).