£565,103
This estimated value is based upon the latest sale price for the house of £440,000 on 25 Jul 2017. 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 |
|---|---|
| £440,000 | 25 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £440,000 results in an estimated price of approximately £565,103.
| 25 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £440,000 | £125,103 | £565,103 |
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 | -61.971 % | £-272,671 | £167,328 |
| 3 Month Average | -18.831 % | £-82,858 | £357,141 |
| 6 Month Average | 8.596 % | £37,820 | £477,820 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £201,752 | £200,000 | 171 RINGWAY |
| 6 Mar 2024 | £494,599 | £487,000 | 293 NORTH HYDE LANE |
| 16 Jun 2023 | £612,270 | £600,000 | 141 RINGWAY |
| 19 Oct 2022 | £523,252 | £525,000 | 117 RINGWAY |
| 31 Jan 2022 | £302,157 | £285,000 | 236 NORTH HYDE LANE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 5 Mar 2015. Using an estimated price of £565,103 means this house is valued at £5,137 per sq meter (£477 per sq foot).
The average size of a house on RINGWAY is 97 sq meters (1,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Ringway |