£603,644
This estimated value is based upon the latest sale price for the house of £450,000 on 22 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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374 Oldfield Lane North, Greenford, UB6 8PU
Phone: 02034783381
| Price Paid | Date |
|---|---|
| £450,000 | 22 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 July 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £450,000 results in an estimated price of approximately £603,644.
| 22 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £450,000 | £153,644 | £603,644 |
The Postcode Pricing Model uses changes in average sales price within the UB6 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 | 13.253 % | £59,637 | £509,637 |
| 3 Month Average | 30.616 % | £137,773 | £587,773 |
| 6 Month Average | 30.003 % | £135,014 | £585,014 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £525,564 | £521,000 | 61 HILL RISE |
| 24 Nov 2023 | £492,502 | £480,000 | 98 HILL RISE |
| 31 Mar 2023 | £211,533 | £208,000 | 19 ALLINGTON CLOSE |
| 10 Mar 2023 | £514,594 | £506,000 | 15 BIRKBECK WAY |
| 10 Jan 2022 | £261,869 | £247,000 | 18 ALLINGTON CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 1 Mar 2016. Using an estimated price of £603,645 means this house is valued at £8,048 per sq meter (£747 per sq foot).
The average size of a house on HILL RISE is 74 sq meters (799 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hill Rise |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Rise |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Rise |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Allington Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Allington Close |