£267,148
This estimated value is based upon the latest sale price for the house of £55,000 on 30 Jan 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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431A Great West Road, Hounslow, TW5 0BY
Phone: 02081153489
Price Paid | Date |
---|---|
£55,000 | 30 Jan 1998 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 726 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 January 1998 the House Price Index for GREATER LONDON was 30.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 385.724%.Applying this 385.724% change to the original purchase price of £55,000 results in an estimated price of approximately £267,148.
30 Jan 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.8 | 149.7 | 385.724 % | £55,000 | £212,148 | £267,148 |
The Postcode Pricing Model uses changes in average sales price within the TW5 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 | 346.957 % | £190,826 | £245,826 |
3 Month Average | 475.456 % | £261,501 | £316,501 |
6 Month Average | 374.580 % | £206,018 | £261,018 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £364,191 | £353,000 | 16 GUERNSEY CLOSE |
11 Dec 2023 | £670,606 | £650,000 | 36 SUTTON ROAD |
3 Feb 2023 | £483,228 | £480,000 | 18 SUTTON ROAD |
11 Jan 2023 | £32,086 | £32,000 | 72 SUTTON ROAD |
27 Aug 2021 | £618,131 | £550,000 | 398 GREAT WEST ROAD |
This house has a floor area of 67 sq meters or 726 sq feet when measured on 22 Jun 2009. Using an estimated price of £267,148 means this house is valued at £3,957 per sq meter (£367 per sq foot).
The average size of a house on CHANNEL CLOSE is 76 sq meters (826 sq feet).