£1,258,153
This estimated value is based upon the latest sale price for the house of £850,000 on 16 Apr 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Albert Terrace, Pitshanger Lane, London, W5 1RL
Phone: 02034783630
| Price Paid | Date |
|---|---|
| £850,000 | 16 Apr 2015 |
| Terraced |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 April 2015 the House Price Index for GREATER LONDON was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £850,000 results in an estimated price of approximately £1,258,153.
| 16 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £850,000 | £408,153 | £1,258,153 |
The Postcode Pricing Model uses changes in average sales price within the W5 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 | -6.553 % | £-55,696 | £794,303 |
| 3 Month Average | 2.816 % | £23,935 | £873,935 |
| 6 Month Average | 16.642 % | £141,459 | £991,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £756,570 | £750,000 | 24 BELLEVUE ROAD |
| 20 Oct 2023 | £1,284,166 | £1,255,000 | 121 MEADVALE ROAD |
| 4 Aug 2022 | £1,208,149 | £1,202,500 | 18 SUMMERFIELD ROAD |
| 15 Jul 2022 | £1,373,765 | £1,360,000 | 115 MEADVALE ROAD |
| 3 Feb 2022 | £890,065 | £842,500 | 14 SUMMERFIELD ROAD |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 8 Aug 2018. Using an estimated price of £1,258,153 means this house is valued at £9,985 per sq meter (£927 per sq foot).
The average size of a house on SUMMERFIELD ROAD is 139 sq meters (1,500 sq feet).