£346,467
This estimated value is based upon the latest sale price for the house of £178,500 on 23 Aug 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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194 Station Road, Edgware, HA8 7AT
Phone: 02077680832
Price Paid | Date |
---|---|
£178,500 | 23 Aug 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 80 sq meters or 870 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 August 2004 the House Price Index for GREATER LONDON was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £178,500 results in an estimated price of approximately £346,467.
23 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.1 | 149.7 | 94.099 % | £178,500 | £167,967 | £346,467 |
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 | 128.180 % | £228,801 | £407,301 |
3 Month Average | 135.217 % | £241,361 | £419,861 |
6 Month Average | 97.080 % | £173,288 | £351,788 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £820,836 | £800,000 | QUAKER MEETING HOUSE RECTORY LANE |
15 Aug 2023 | £407,347 | £400,000 | 141A STATION ROAD |
29 Nov 2022 | £390,673 | £392,500 | 24 HERONSGATE |
3 Oct 2022 | £19,933 | £20,000 | 121 STATION ROAD |
2 Nov 2021 | £109 | £100 | 13 THE QUADRANT |
This house has a floor area of 80 sq meters or 870 sq feet when measured on 10 Dec 2009. Using an estimated price of £346,467 means this house is valued at £4,285 per sq meter (£398 per sq foot).
The average size of a house on STATION ROAD is 65 sq meters (699 sq feet).