£475,624
This estimated value is based upon the latest sale price for the house of £385,000 on 19 Mar 2019. 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 |
|---|---|
| £385,000 | 19 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 March 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £385,000 results in an estimated price of approximately £475,624.
| 19 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £385,000 | £90,624 | £475,624 |
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 | 9.371 % | £36,077 | £421,077 |
| 3 Month Average | -13.657 % | £-52,580 | £332,419 |
| 6 Month Average | -8.930 % | £-34,378 | £350,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £451,687 | £445,000 | 4 GASKARTH ROAD |
| 29 Jun 2023 | £195,366 | £193,000 | 7A SILKSTREAM PARADE |
| 21 Oct 2022 | £296,804 | £300,000 | 54 WATLING AVENUE |
| 11 Dec 2020 | £137,726 | £120,000 | 60 WATLING AVENUE |
| 29 Jun 2020 | £623,673 | £515,000 | 48A WATLING AVENUE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 4 Jun 2018. Using an estimated price of £475,624 means this house is valued at £5,169 per sq meter (£480 per sq foot).
The average size of a house on SILKSTREAM ROAD is 71 sq meters (773 sq feet).