£797,625
This estimated value is based upon the latest sale price for the house of £755,000 on 28 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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43 South Parade, Mollison Way, Edgware, HA8 5QL
Phone: 02035447953
| Price Paid | Date |
|---|---|
| £755,000 | 28 Feb 2022 |
| £625,000 | 28 Feb 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £755,000 results in an estimated price of approximately £797,625.
| 28 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £755,000 | £42,625 | £797,625 |
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 | 17.706 % | £133,678 | £888,678 |
| 3 Month Average | 34.199 % | £258,201 | £1,013,201 |
| 6 Month Average | -4.573 % | £-34,525 | £720,474 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £789,252 | £765,000 | 137 STAG LANE |
| 4 Mar 2022 | £803,828 | £770,000 | 30 BEVERLEY DRIVE |
| 28 Feb 2022 | £797,625 | £755,000 | 1 MELROSE GARDENS |
| 30 Sep 2021 | £567,210 | £522,500 | 63 HOLYROOD GARDENS |
| 12 Dec 2019 | £580,847 | £470,000 | 96 STAG LANE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 7 Sep 2018. Using an estimated price of £797,625 means this house is valued at £8,056 per sq meter (£748 per sq foot).
The average size of a house on MELROSE GARDENS is 129 sq meters (1,388 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Melrose Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Anti-social behaviour | On or near Redhill Drive | |
| Apr 2024 | Anti-social behaviour | On or near Redhill Drive |