£492,501
This estimated value is based upon the latest sale price for the house of £480,000 on 13 Nov 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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8 Norwood Road, Southall, UB2 4DL
Phone: 02035512774
Price Paid | Date |
---|---|
£480,000 | 13 Nov 2023 |
£85,995 | 24 Jun 1996 |
Terraced |
Freehold |
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 November 2023 the House Price Index for GREATER LONDON was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £480,000 results in an estimated price of approximately £492,501.
13 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £480,000 | £12,501 | £492,501 |
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 | -24.329 % | £-116,777 | £363,222 |
3 Month Average | 5.667 % | £27,203 | £507,203 |
6 Month Average | -12.847 % | £-61,663 | £418,336 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £492,502 | £480,000 | 48 BURKET CLOSE |
28 Sep 2023 | £209,621 | £205,000 | 90 BURKET CLOSE |
11 Oct 2022 | £219,268 | £220,000 | 113 BURKET CLOSE |
11 Mar 2022 | £224,446 | £215,000 | 89 BURKET CLOSE |
14 Feb 2022 | £264,114 | £250,000 | 109 BURKET CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Burket Close |
Oct 2024 | Other crime | Under investigation | On or near Burket Close |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burket Close |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burket Close |
Sep 2024 | Public order | Unable to prosecute suspect | On or near Burket Close |