£590,156
This estimated value is based upon the latest sale price for the house of £410,000 on 10 Jul 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 1B, 694 – 712 London Road, Hounslow, TW3 1PG
Phone: 02034632549
| Price Paid | Date |
|---|---|
| £410,000 | 10 Jul 2015 |
| Terraced |
| Freehold |
| 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 July 2015 the House Price Index for GREATER LONDON was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £410,000 results in an estimated price of approximately £590,156.
| 10 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £410,000 | £180,156 | £590,156 |
The Postcode Pricing Model uses changes in average sales price within the TW3 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 | 117.907 % | £483,420 | £893,420 |
| 3 Month Average | 9.136 % | £37,455 | £447,455 |
| 6 Month Average | 19.149 % | £78,512 | £488,512 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2022 | £357,116 | £360,000 | FIRST FLOOR FLAT 757 LONDON ROAD |
| 20 Jul 2022 | £451,215 | £450,000 | 124 PEARS ROAD |
| 3 Feb 2022 | £466,669 | £445,000 | 126 PEARS ROAD |
| 26 Nov 2021 | £486,681 | £450,000 | 164 PEARS ROAD |
| 18 Dec 2019 | £144,268 | £117,600 | FLAT 15 GERRARD COURT, 102 PEARS ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 18 Jun 2015. Using an estimated price of £590,157 means this house is valued at £6,557 per sq meter (£609 per sq foot).
The average size of a house on PEARS ROAD is 73 sq meters (786 sq feet).