£849,490
This estimated value is based upon the latest sale price for the house of £640,000 on 21 Nov 2016. 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 |
|---|---|
| £640,000 | 21 Nov 2016 |
| £590,000 | 15 May 2015 |
| Semi-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 November 2016 the House Price Index for GREATER LONDON was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £640,000 results in an estimated price of approximately £849,490.
| 21 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £640,000 | £209,490 | £849,490 |
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 | 24.705 % | £158,109 | £798,109 |
| 3 Month Average | 8.929 % | £57,142 | £697,142 |
| 6 Month Average | 1.541 % | £9,861 | £649,861 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2024 | £700,000 | £700,000 | 135 CUMBRIAN GARDENS |
| 13 May 2024 | £930,000 | £930,000 | 121 CHEVIOT GARDENS |
| 14 Aug 2023 | £619,167 | £608,000 | 214 THE VALE |
| 16 Jun 2023 | £678,599 | £665,000 | 104 CHEVIOT GARDENS |
| 16 Jun 2023 | £678,599 | £665,000 | 98 CHEVIOT GARDENS |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 9 Sep 2014. Using an estimated price of £849,491 means this house is valued at £9,994 per sq meter (£928 per sq foot).
The average size of a house on CHEVIOT GARDENS is 103 sq meters (1,115 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Mendip Drive |
| Apr 2024 | Vehicle crime | Under investigation | On or near Mendip Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mendip Drive |
| Apr 2024 | Vehicle crime | Under investigation | On or near Chiltern Gardens |
| Apr 2024 | Vehicle crime | Under investigation | On or near Chiltern Gardens |