£599,382
This estimated value is based upon the latest sale price for the house of £483,500 on 20 Aug 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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49 Station Approach, Hayes, BR2 7EB
Phone: 02081154722
| Price Paid | Date |
|---|---|
| £483,500 | 20 Aug 2019 |
| £280,000 | 5 Oct 2009 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £483,500 results in an estimated price of approximately £599,382.
| 20 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £483,500 | £115,882 | £599,382 |
The Postcode Pricing Model uses changes in average sales price within the BR2 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 | 3.901 % | £18,859 | £502,359 |
| 3 Month Average | 9.130 % | £44,145 | £527,645 |
| 6 Month Average | 18.891 % | £91,339 | £574,839 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £568,738 | £560,000 | 61 MEAD WAY |
| 23 Feb 2023 | £563,766 | £560,000 | 20 STANSTEAD CLOSE |
| 28 Mar 2022 | £584,602 | £560,000 | 117 MEAD WAY |
| 30 Sep 2021 | £607,919 | £560,000 | 116 MEAD WAY |
| 30 Sep 2021 | £502,619 | £463,000 | 2 STANSTEAD CLOSE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 11 Oct 2021. Using an estimated price of £599,382 means this house is valued at £6,309 per sq meter (£586 per sq foot).
The average size of a house on MEAD WAY is 111 sq meters (1,200 sq feet).