£906,092
This estimated value is based upon the latest sale price for the house of £525,000 on 6 Apr 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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10 Suite 84, Ritz Parade, London, W5 3RA
Phone: 02081280724
Price Paid | Date |
---|---|
£525,000 | 6 Apr 2011 |
£250,000 | 3 Sep 2001 |
£250,000 | 20 Jul 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 107 sq meters or 1,161 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 2011 the House Price Index for GREATER LONDON was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £525,000 results in an estimated price of approximately £906,092.
6 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.7 | 149.7 | 72.589 % | £525,000 | £381,092 | £906,092 |
The Postcode Pricing Model uses changes in average sales price within the W5 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 | 53.396 % | £280,326 | £805,326 |
3 Month Average | 71.641 % | £376,117 | £901,117 |
6 Month Average | 72.537 % | £380,817 | £905,817 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 May 2024 | £340,000 | £340,000 | FLAT 31 GREYSTOKE COURT HANGER LANE |
31 Oct 2023 | £419,528 | £410,000 | FLAT 40 MINSTER COURT, 28 HILLCREST ROAD |
25 Sep 2023 | £679,990 | £665,000 | FLAT 55 MINSTER COURT, 28 HILLCREST ROAD |
23 Feb 2022 | £1,214,926 | £1,150,000 | FLAT 60 MINSTER COURT, 28 HILLCREST ROAD |
19 Aug 2021 | £421,453 | £375,000 | FLAT 11 GREYSTOKE COURT HANGER LANE |
This house has a floor area of 107 sq meters or 1,161 sq feet when measured on 16 Oct 2009. Using an estimated price of £906,092 means this house is valued at £8,395 per sq meter (£780 per sq foot).
The average size of a house on HILLCREST ROAD is 91 sq meters (980 sq feet).