£647,547
This estimated value is based upon the latest sale price for the house of £527,500 on 21 Apr 2020. 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 |
---|---|
£527,500 | 21 Apr 2020 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 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 2020 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £527,500 results in an estimated price of approximately £647,547.
21 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.758 % | £527,500 | £120,047 | £647,547 |
The Postcode Pricing Model uses changes in average sales price within the W12 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 | 46.356 % | £244,527 | £772,027 |
3 Month Average | 2.271 % | £11,977 | £539,477 |
6 Month Average | 0.990 % | £5,220 | £532,720 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £497,363 | £490,000 | 118 WULFSTAN STREET |
30 Mar 2023 | £545,136 | £540,000 | 19 WULFSTAN STREET |
10 Jun 2022 | £239,637 | £236,250 | FLAT 115 BANSTEAD COURT, 60 WESTWAY |
22 Nov 2021 | £394,753 | £365,000 | FLAT 103 BANSTEAD COURT, 60 WESTWAY |
30 Jun 2021 | £510,980 | £476,250 | 75 WESTWAY |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 3 Apr 2019. Using an estimated price of £647,548 means this house is valued at £7,038 per sq meter (£653 per sq foot).
The average size of a house on WULFSTAN STREET is 77 sq meters (836 sq feet).