£362,267
This estimated value is based upon the latest sale price for the house of £325,000 on 26 Oct 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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374 Oldfield Lane North, Greenford, UB6 8PU
Phone: 02034783381
Price Paid | Date |
---|---|
£325,000 | 26 Oct 2021 |
£293,000 | 5 Jan 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 90 sq meters or 968 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 October 2021 the House Price Index for GREATER LONDON was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £325,000 results in an estimated price of approximately £362,267.
26 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 149.7 | 11.467 % | £325,000 | £37,267 | £362,267 |
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 | -11.740 % | £-38,155 | £286,844 |
3 Month Average | -4.778 % | £-15,526 | £309,473 |
6 Month Average | -32.575 % | £-105,868 | £219,131 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £363,002 | £355,000 | 17 WESSEX LANE |
27 Mar 2023 | £6,152,752 | £6,050,000 | THE BRIDGE HOTEL WESTERN AVENUE |
24 Mar 2023 | £706,804 | £695,000 | 43 COSTONS AVENUE |
27 May 2022 | £354,228 | £345,000 | 20 WESSEX LANE |
4 Apr 2022 | £342,349 | £330,000 | 17 BLENHEIM CLOSE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 16 Jul 2015. Using an estimated price of £362,267 means this house is valued at £4,025 per sq meter (£373 per sq foot).
The average size of a house on WESSEX LANE is 109 sq meters (1,181 sq feet).