£1,280,930
This estimated value is based upon the latest sale price for the house of £1,015,000 on 24 Oct 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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15 Pennine Parade, Pennine Drive, London, NW2 1NT
Phone: 02080223971
| Price Paid | Date |
|---|---|
| £1,015,000 | 24 Oct 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 October 2017 the House Price Index for GREATER LONDON was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £1,015,000 results in an estimated price of approximately £1,280,930.
| 24 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £1,015,000 | £265,930 | £1,280,930 |
The Postcode Pricing Model uses changes in average sales price within the NW2 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 | -20.778 % | £-210,896 | £804,103 |
| 3 Month Average | -11.574 % | £-117,480 | £897,519 |
| 6 Month Average | 13.012 % | £132,073 | £1,147,073 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £1,075,129 | £1,065,000 | 3 SANDERSTEAD AVENUE |
| 28 Feb 2023 | £679,543 | £680,000 | 25 PURLEY AVENUE |
| 16 Jan 2023 | £771,366 | £775,000 | 168 THE VALE |
| 4 Apr 2022 | £1,415,974 | £1,375,000 | 54 PURLEY AVENUE |
| 29 Sep 2021 | £1,088,368 | £1,010,000 | 22 SANDERSTEAD AVENUE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 3 Apr 2017. Using an estimated price of £1,280,931 means this house is valued at £11,236 per sq meter (£1,043 per sq foot).
The average size of a house on SANDERSTEAD AVENUE is 156 sq meters (1,686 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Under investigation | On or near Purley Avenue |
| Apr 2024 | Public order | Under investigation | On or near Purley Avenue |
| Apr 2024 | Robbery | Under investigation | On or near Purley Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Purley Avenue |
| Jan 2024 | Other theft | Under investigation | On or near Purley Avenue |