£509,526
This estimated value is based upon the latest sale price for the house of £110,000 on 1 Dec 1998. 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 |
---|---|
£110,000 | 1 Dec 1998 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 December 1998 the House Price Index for GREATER LONDON was 32.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 363.206%.Applying this 363.206% change to the original purchase price of £110,000 results in an estimated price of approximately £509,526.
1 Dec 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.3 | 149.7 | 363.206 % | £110,000 | £399,526 | £509,526 |
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 | 337.068 % | £370,775 | £480,775 |
3 Month Average | 381.457 % | £419,603 | £529,603 |
6 Month Average | 382.312 % | £420,542 | £530,542 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Mar 2023 | £549,171 | £540,000 | 19 WULFSTAN STREET |
25 Jul 2022 | £714,661 | £707,500 | 26 NORBROKE STREET |
10 Jun 2022 | £241,410 | £236,250 | FLAT 115 BANSTEAD COURT, 60 WESTWAY |
22 Nov 2021 | £397,675 | £365,000 | FLAT 103 BANSTEAD COURT, 60 WESTWAY |
31 Aug 2021 | £696,802 | £620,000 | 58 HILARY ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 16 May 2013. Using an estimated price of £509,527 means this house is valued at £7,961 per sq meter (£739 per sq foot).
The average size of a house on WESTWAY is 75 sq meters (810 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Public order | Unable to prosecute suspect | On or near Banstead Court |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Banstead Court |
Jul 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Banstead Court |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hilary Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Hilary Road |