£527,318
This estimated value is based upon the latest sale price for the house of £430,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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8 Norwood Road, Southall, UB2 4DL
Phone: 02035512774
| Price Paid | Date |
|---|---|
| £430,000 | 25 Oct 2019 |
| £205,000 | 6 May 2003 |
| £75,000 | 25 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £430,000 results in an estimated price of approximately £527,318.
| 25 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £430,000 | £97,318 | £527,318 |
The Postcode Pricing Model uses changes in average sales price within the UB2 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 | 34.509 % | £148,387 | £578,387 |
| 3 Month Average | 16.959 % | £72,922 | £502,922 |
| 6 Month Average | 10.009 % | £43,037 | £473,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £354,775 | £350,000 | 271 NORTH HYDE LANE |
| 31 Mar 2022 | £590,669 | £570,000 | 102 RALEIGH ROAD |
| 31 Jan 2022 | £299,936 | £285,000 | 236 NORTH HYDE LANE |
| 29 Oct 2021 | £464,721 | £420,000 | 289 NORTH HYDE LANE |
| 29 Sep 2021 | £506,468 | £470,000 | 317 NORTH HYDE LANE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 7 Oct 2019. Using an estimated price of £527,319 means this house is valued at £5,859 per sq meter (£544 per sq foot).
The average size of a house on RINGWAY is 97 sq meters (1,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Prestwick Close | |
| Dec 2023 | Anti-social behaviour | On or near Prestwick Close | |
| Dec 2023 | Anti-social behaviour | On or near Prestwick Close | |
| Dec 2023 | Anti-social behaviour | On or near Prestwick Close | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ringway |