£502,087
This estimated value is based upon the latest sale price for the house of £390,000 on 18 Apr 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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9 Redmead Road, Hayes, UB3 4AU
Phone: 02036414382
| Price Paid | Date |
|---|---|
| £390,000 | 18 Apr 2017 |
| £68,000 | 5 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 April 2017 the House Price Index for GREATER LONDON was 115.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 28.740%.Applying this 28.740% change to the original purchase price of £390,000 results in an estimated price of approximately £502,087.
| 18 Apr 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.0 | 28.740 % | £390,000 | £112,087 | £502,087 |
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 | -31.251 % | £-121,879 | £268,120 |
| 3 Month Average | -23.875 % | £-93,113 | £296,886 |
| 6 Month Average | -6.074 % | £-23,687 | £366,312 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £453,451 | £451,000 | 8 PHELPS WAY |
| 24 Feb 2023 | £447,882 | £450,000 | 20 PHELPS WAY |
| 31 Jan 2023 | £346,952 | £350,000 | 3 ST DUNSTANS CLOSE |
| 1 Nov 2022 | £408,378 | £415,000 | 124 CRANFORD DRIVE |
| 18 Jan 2022 | £408,782 | £390,000 | 5 ST DUNSTANS CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 16 Sep 2016. Using an estimated price of £502,088 means this house is valued at £5,705 per sq meter (£530 per sq foot).
The average size of a house on WILKINS CLOSE is 105 sq meters (1,135 sq feet).