£555,285
This estimated value is based upon the latest sale price for the house of £322,500 on 30 Mar 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Erconwald Street, London, W12 0BS
Phone: 02035514384
Price Paid | Date |
---|---|
£322,500 | 30 Mar 2012 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,057 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 March 2012 the House Price Index for GREATER LONDON was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £322,500 results in an estimated price of approximately £555,285.
30 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 149.7 | 72.182 % | £322,500 | £232,785 | £555,285 |
The Postcode Pricing Model uses changes in average sales price within the NW10 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 | 102.073 % | £329,185 | £651,685 |
3 Month Average | 69.660 % | £224,653 | £547,153 |
6 Month Average | 75.574 % | £243,726 | £566,226 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £585,000 | £585,000 | 87 WELLS HOUSE ROAD |
17 Oct 2023 | £593,479 | £580,000 | 109 WELLS HOUSE ROAD |
21 Jun 2023 | £585,738 | £574,000 | 123 WELLS HOUSE ROAD |
12 Jan 2022 | £604,313 | £570,000 | 117 WELLS HOUSE ROAD |
30 Sep 2021 | £581,865 | £536,000 | 30 MIDLAND TERRACE |
This house has a floor area of 98 sq meters or 1,057 sq feet when measured on 13 Oct 2011. Using an estimated price of £555,286 means this house is valued at £5,651 per sq meter (£525 per sq foot).
The average size of a house on WELLS HOUSE ROAD is 91 sq meters (985 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Wells House Road | |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wells House Road |
Oct 2024 | Anti-social behaviour | On or near Wells House Road | |
Oct 2024 | Anti-social behaviour | On or near Wells House Road | |
Sep 2024 | Public order | Unable to prosecute suspect | On or near Wells House Road |