£197,955
This estimated value is based upon the latest sale price for the house of £41,500 on 6 Apr 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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318 Ruislip Road East, Greenford, UB6 9BH
Phone: 02080223750
| Price Paid | Date |
|---|---|
| £41,500 | 6 Apr 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 1998 the House Price Index for GREATER LONDON was 31.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 377.002%.Applying this 377.002% change to the original purchase price of £41,500 results in an estimated price of approximately £197,955.
| 6 Apr 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.4 | 149.7 | 377.002 % | £41,500 | £156,455 | £197,955 |
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 | 325.363 % | £135,025 | £176,525 |
| 3 Month Average | 377.461 % | £156,646 | £198,146 |
| 6 Month Average | 231.897 % | £96,237 | £137,737 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £352,000 | £352,000 | 443 GREENFORD ROAD |
| 29 Nov 2023 | £323,204 | £315,000 | 5 SHELLEY CLOSE |
| 6 Jan 2023 | £531,420 | £530,000 | 18 OAKFIELD GARDENS |
| 8 Jul 2022 | £338,391 | £335,000 | 11 SHELLEY CLOSE |
| 29 Jun 2022 | £582,450 | £570,000 | 9 OAKFIELD GARDENS |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 8 Jul 2019. Using an estimated price of £197,956 means this house is valued at £3,599 per sq meter (£334 per sq foot).
The average size of a house on COSTONS LANE is 94 sq meters (1,020 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near A4127 |