£301,854
This estimated value is based upon the latest sale price for the house of £231,000 on 12 Jan 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Heronsgate
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8 The Promenade, Edgware, HA8 7JZ
Phone: 02081157256
| Price Paid | Date |
|---|---|
| £231,000 | 12 Jan 2017 |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2017 the House Price Index for GREATER LONDON was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £231,000 results in an estimated price of approximately £301,854.
| 12 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £231,000 | £70,854 | £301,854 |
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 | 108.419 % | £250,447 | £481,447 |
| 3 Month Average | 14.906 % | £34,432 | £265,432 |
| 6 Month Average | 28.451 % | £65,721 | £296,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £1,319,536 | £1,300,000 | 25 EDGWAREBURY LANE |
| 8 Nov 2023 | £340,034 | £335,000 | 2 DRIVE COURT |
| 31 Jul 2023 | £395,321 | £390,000 | 3 EDGWAREBURY COURT EDGWAREBURY LANE |
| 10 Mar 2023 | £383,614 | £380,000 | 3 DRIVE COURT |
| 29 Nov 2022 | £387,803 | £392,500 | 24 HERONSGATE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 3 Nov 2014. Using an estimated price of £301,854 means this house is valued at £3,245 per sq meter (£301 per sq foot).
The average size of a house on PORTSDOWN is 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Under investigation | On or near Heronsgate |
| Mar 2024 | Other theft | Under investigation | On or near Heronsgate |
| Mar 2024 | Public order | Under investigation | On or near Heronsgate |
| Feb 2024 | Public order | Under investigation | On or near Heronsgate |
| Feb 2024 | Burglary | Under investigation | On or near Heronsgate |