£1,664,470
This estimated value is based upon the latest sale price for the house of £1,250,000 on 29 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2-6 Station Parade, London, NW2 4NH
Phone: 02034630250
| Price Paid | Date |
|---|---|
| £1,250,000 | 29 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 241 sq meters or 2,594 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 July 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £1,250,000 results in an estimated price of approximately £1,664,470.
| 29 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £1,250,000 | £414,470 | £1,664,470 |
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 | -20.373 % | £-254,657 | £995,342 |
| 3 Month Average | -11.977 % | £-149,708 | £1,100,291 |
| 6 Month Average | -0.054 % | £-680 | £1,249,319 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £1,444,441 | £1,425,000 | 156 WALM LANE |
| 20 Jun 2023 | £951,526 | £940,000 | 81 WALM LANE |
| 2 Jun 2023 | £555,732 | £549,000 | 116A WALM LANE |
| 29 Sep 2022 | £461,275 | £465,000 | FLAT 10 WESTLY COURT DARTMOUTH ROAD |
| 23 Sep 2021 | £22,629 | £21,000 | 8A STANLEY GARDENS |
This house has a floor area of 241 sq meters or 2,594 sq feet when measured on 31 Jul 2017. Using an estimated price of £1,664,470 means this house is valued at £6,906 per sq meter (£641 per sq foot).
The average size of a house on WALM LANE is 91 sq meters (983 sq feet).