£812,868
This estimated value is based upon the latest sale price for the house of £550,000 on 9 Feb 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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70 Watling Avenue, Edgware, HA8 0LU
Phone: 02034783576
| Price Paid | Date |
|---|---|
| £550,000 | 9 Feb 2015 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 February 2015 the House Price Index for GREATER LONDON was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £550,000 results in an estimated price of approximately £812,868.
| 9 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £550,000 | £262,868 | £812,868 |
The Postcode Pricing Model uses changes in average sales price within the HA8 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 | 58.325 % | £320,786 | £870,786 |
| 3 Month Average | 22.354 % | £122,949 | £672,949 |
| 6 Month Average | 16.858 % | £92,717 | £642,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £778,623 | £765,000 | 137 STAG LANE |
| 5 Jul 2022 | £591,592 | £590,000 | 72 REDHILL DRIVE |
| 28 Feb 2022 | £791,764 | £755,000 | 1 MELROSE GARDENS |
| 10 Jun 2021 | £536,462 | £500,000 | 69 REDHILL DRIVE |
| 3 Mar 2021 | £584,382 | £525,000 | 153 STAG LANE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 19 Jun 2015. Using an estimated price of £812,868 means this house is valued at £9,563 per sq meter (£888 per sq foot).
The average size of a house on BEVERLEY DRIVE is 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Redhill Drive | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Redhill Drive |
| Mar 2024 | Vehicle crime | Under investigation | On or near Redhill Drive |
| Feb 2024 | Vehicle crime | Under investigation | On or near Redhill Drive |
| Feb 2024 | Vehicle crime | Under investigation | On or near Redhill Drive |