£697,129
This estimated value is based upon the latest sale price for the house of £500,000 on 4 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Stirling Road, Hayes, UB3 3AH
Phone: 02080223402
| Price Paid | Date |
|---|---|
| £500,000 | 4 Dec 2015 |
| £300,000 | 2 Mar 2012 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £500,000 results in an estimated price of approximately £697,129.
| 4 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £500,000 | £197,129 | £697,129 |
The Postcode Pricing Model uses changes in average sales price within the UB3 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 | -43.861 % | £-219,303 | £280,696 |
| 3 Month Average | 26.692 % | £133,458 | £633,458 |
| 6 Month Average | 4.320 % | £21,600 | £521,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £483,724 | £475,000 | 6 NEWMAN ROAD |
| 5 Jan 2023 | £787,103 | £785,000 | 25 STIRLING ROAD |
| 24 Nov 2022 | £363,301 | £365,000 | 61 ABBOTSWOOD WAY |
| 1 Apr 2022 | £207,484 | £200,000 | 85 ABBOTSWOOD WAY |
| 19 Nov 2021 | £403,122 | £370,000 | 63 ABBOTSWOOD WAY |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 3 Nov 2015. Using an estimated price of £697,129 means this house is valued at £7,577 per sq meter (£703 per sq foot).
The average size of a house on STIRLING ROAD is 116 sq meters (1,252 sq feet).