£548,411
This estimated value is based upon the latest sale price for the house of £160,000 on 21 May 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Whitchurch Parade, Whitchurch Lane, Edgeware, HA8 6LR
Phone: 02036414425
Price Paid | Date |
---|---|
£160,000 | 21 May 2001 |
£90,000 | 23 Jan 1998 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 2001 the House Price Index for GREATER LONDON was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £160,000 results in an estimated price of approximately £548,411.
21 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.4 | 148.6 | 242.757 % | £160,000 | £388,411 | £548,411 |
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 | 324.001 % | £518,401 | £678,401 |
3 Month Average | 195.902 % | £313,443 | £473,443 |
6 Month Average | 200.362 % | £320,578 | £480,578 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £278,562 | £275,000 | FLAT 4 CHANDOS PARADE BUCKINGHAM ROAD |
13 Jul 2023 | £363,898 | £359,000 | 106 BUCKINGHAM ROAD |
17 Jan 2023 | £564,342 | £567,000 | 122 BUCKINGHAM ROAD |
3 Feb 2022 | £582,025 | £555,000 | 40 MERLIN CRESCENT |
7 Oct 2021 | £309,814 | £280,000 | 98A BUCKINGHAM ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 20 Mar 2019. Using an estimated price of £548,412 means this house is valued at £6,607 per sq meter (£613 per sq foot).
The average size of a house on MERLIN CRESCENT is 88 sq meters (948 sq feet).