£596,393
This estimated value is based upon the latest sale price for the house of £249,950 on 23 May 2003. 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 |
|---|---|
| £249,950 | 23 May 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 May 2003 the House Price Index for GREATER LONDON was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £249,950 results in an estimated price of approximately £596,393.
| 23 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 149.7 | 138.605 % | £249,950 | £346,443 | £596,393 |
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 | 164.142 % | £410,273 | £660,223 |
| 3 Month Average | 169.538 % | £423,759 | £673,709 |
| 6 Month Average | 124.017 % | £309,981 | £559,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £789,252 | £765,000 | 137 STAG LANE |
| 28 Apr 2023 | £76,430 | £75,000 | 78A STAG LANE |
| 5 Jul 2022 | £595,972 | £590,000 | 72 REDHILL DRIVE |
| 28 Feb 2022 | £797,625 | £755,000 | 1 MELROSE GARDENS |
| 10 Jun 2021 | £540,433 | £500,000 | 69 REDHILL DRIVE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 2 Oct 2018. Using an estimated price of £596,393 means this house is valued at £4,696 per sq meter (£436 per sq foot).
The average size of a house on STAG LANE is 104 sq meters (1,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Redhill Drive |
| Apr 2024 | Anti-social behaviour | On or near Redhill Drive | |
| Apr 2024 | Anti-social behaviour | On or near Redhill Drive | |
| Apr 2024 | Anti-social behaviour | On or near Redhill Drive | |
| Apr 2024 | Anti-social behaviour | On or near Redhill Drive |