£528,151
This estimated value is based upon the latest sale price for the house of £425,000 on 19 Dec 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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243 The Broadway, Southall, UB1 1NF
Phone: 02036417952
| Price Paid | Date |
|---|---|
| £425,000 | 19 Dec 2018 |
| £145,000 | 16 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £425,000 results in an estimated price of approximately £528,151.
| 19 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £425,000 | £103,151 | £528,151 |
The Postcode Pricing Model uses changes in average sales price within the UB1 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 | 9.066 % | £38,532 | £463,532 |
| 3 Month Average | 26.645 % | £113,243 | £538,243 |
| 6 Month Average | 96.868 % | £411,688 | £836,688 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £542,000 | £542,000 | 76 BERESFORD ROAD |
| 12 Dec 2023 | £572,595 | £555,000 | 58 BERESFORD ROAD |
| 15 Sep 2023 | £498,489 | £487,500 | 31 BERESFORD ROAD |
| 6 Jan 2023 | £601,607 | £600,000 | 40 BERESFORD ROAD |
| 21 Oct 2022 | £513,286 | £515,000 | 36 RANELAGH ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 7 Nov 2018. Using an estimated price of £528,152 means this house is valued at £4,592 per sq meter (£426 per sq foot).
The average size of a house on RANELAGH ROAD is 109 sq meters (1,181 sq feet).