£549,287
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 80.7.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 29.244%.Applying this 29.244% change to the original purchase price of £425,000 results in an estimated price of approximately £549,287.
19 Dec 2018 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.7 | 104.3 | 29.244 % | £425,000 | £124,287 | £549,287 |
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 | -31.087 % | £-132,119 | £292,880 |
3 Month Average | 35.043 % | £148,930 | £573,930 |
6 Month Average | 128.666 % | £546,831 | £971,831 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2024 | £510,559 | £490,000 | 54 WOODLANDS ROAD |
25 Oct 2024 | £343,846 | £330,000 | 271 THE BROADWAY |
12 Dec 2023 | £596,153 | £555,000 | 58 BERESFORD ROAD |
15 Sep 2023 | £518,310 | £487,500 | 31 BERESFORD ROAD |
6 Jan 2023 | £625,800 | £600,000 | 40 BERESFORD 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 £549,288 means this house is valued at £4,776 per sq meter (£443 per sq foot).
The average size of a house on RANELAGH ROAD is 109 sq meters (1,181 sq feet).