£750,240
This estimated value is based upon the latest sale price for the house of £464,000 on 3 Dec 2013. 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 |
|---|---|
| £464,000 | 3 Dec 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 December 2013 the House Price Index for GREATER LONDON was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £464,000 results in an estimated price of approximately £750,240.
| 3 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 149.7 | 61.690 % | £464,000 | £286,240 | £750,240 |
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 | 68.446 % | £317,589 | £781,589 |
| 3 Month Average | 44.733 % | £207,559 | £671,559 |
| 6 Month Average | 23.936 % | £111,062 | £575,062 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £600,212 | £595,000 | 55 CLEVELAND GARDENS |
| 31 Oct 2023 | £690,687 | £675,000 | 133 COTSWOLD GARDENS |
| 8 Sep 2023 | £685,103 | £670,000 | 143 COTSWOLD GARDENS |
| 17 Apr 2023 | £672,580 | £660,000 | 62 COTSWOLD GARDENS |
| 16 Mar 2023 | £671,209 | £660,000 | 132 CLEVELAND GARDENS |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 19 Aug 2013. Using an estimated price of £750,241 means this house is valued at £8,623 per sq meter (£801 per sq foot).
The average size of a house on CLEVELAND GARDENS is 97 sq meters (1,050 sq feet).