£449,491
This estimated value is based upon the latest sale price for the house of £359,000 on 1 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Parklands Parade, Bath Road, Hounslow, TW5 9AX
Phone: 02036416718
Price Paid | Date |
---|---|
£359,000 | 1 Dec 2017 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.206%.Applying this 25.206% change to the original purchase price of £359,000 results in an estimated price of approximately £449,491.
1 Dec 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.0 | 25.206 % | £359,000 | £90,491 | £449,491 |
The Postcode Pricing Model uses changes in average sales price within the TW4 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 | -5.551 % | £-19,929 | £339,070 |
3 Month Average | 8.052 % | £28,907 | £387,907 |
6 Month Average | 19.607 % | £70,388 | £429,388 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Feb 2023 | £313,517 | £315,000 | 2 MANSION COURT FUSILIERS WAY |
24 Aug 2022 | £466,846 | £470,000 | 30 LICHFIELD ROAD |
22 Jul 2022 | £317,072 | £317,500 | FLAT 20 DATCHET HOUSE CHESTER ROAD |
20 May 2022 | £543,073 | £535,000 | 14 CHESTER ROAD |
18 Feb 2022 | £428,229 | £410,000 | 21 LICHFIELD ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 8 Sep 2017. Using an estimated price of £449,491 means this house is valued at £6,074 per sq meter (£564 per sq foot).
The average size of a house on LICHFIELD ROAD is 111 sq meters (1,198 sq feet).