£1,247,113
This estimated value is based upon the latest sale price for the house of £365,000 on 15 Jun 2001. 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 |
|---|---|
| £365,000 | 15 Jun 2001 |
| Flats/Maisonettes |
| Leasehold |
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 June 2001 the House Price Index for GREATER LONDON was 43.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 241.675%.Applying this 241.675% change to the original purchase price of £365,000 results in an estimated price of approximately £1,247,113.
| 15 Jun 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 149.7 | 241.675 % | £365,000 | £882,113 | £1,247,113 |
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 | 233.931 % | £853,849 | £1,218,849 |
| 3 Month Average | 215.558 % | £786,788 | £1,151,788 |
| 6 Month Average | 209.501 % | £764,679 | £1,129,679 |
| 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 |