£539,559
This estimated value is based upon the latest sale price for the house of £249,950 on 29 Jan 2004. 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 | 29 Jan 2004 |
Semi-Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 January 2004 the House Price Index for GREATER LONDON was 69.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 115.867%.Applying this 115.867% change to the original purchase price of £249,950 results in an estimated price of approximately £539,559.
29 Jan 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
69.3 | 149.7 | 115.867 % | £249,950 | £289,609 | £539,559 |
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 | 148.569 % | £371,349 | £621,299 |
3 Month Average | 163.867 % | £409,584 | £659,534 |
6 Month Average | 117.877 % | £294,634 | £544,584 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £293,469 | £287,000 | 125A BURNT OAK BROADWAY |
25 Aug 2023 | £534,643 | £525,000 | 49 OAKLEIGH AVENUE |
18 Aug 2023 | £687,398 | £675,000 | 42 THE HIGHLANDS |
25 Mar 2022 | £584,602 | £560,000 | 12 KENMORE GARDENS |
18 Dec 2020 | £612,791 | £530,000 | 10 THE HIGHLANDS |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 16 Apr 2019. Using an estimated price of £539,560 means this house is valued at £5,620 per sq meter (£522 per sq foot).
The average size of a house on OAKLEIGH AVENUE is 102 sq meters (1,105 sq feet).