£262,125
This estimated value is based upon the latest sale price for the house of £112,000 on 11 Jul 2003. 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 |
|---|---|
| £112,000 | 11 Jul 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 2003 the House Price Index for GREATER LONDON was 64.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 134.040%.Applying this 134.040% change to the original purchase price of £112,000 results in an estimated price of approximately £262,125.
| 11 Jul 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 149.7 | 134.040 % | £112,000 | £150,125 | £262,125 |
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 | 173.474 % | £194,290 | £306,290 |
| 3 Month Average | 180.770 % | £202,462 | £314,462 |
| 6 Month Average | 125.620 % | £140,694 | £252,694 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £176,533 | £175,000 | 52A VANCOUVER ROAD |
| 18 Mar 2024 | £20,312 | £20,000 | 159 BURNT OAK BROADWAY |
| 29 Nov 2023 | £615,576 | £599,950 | 8 VANCOUVER ROAD |
| 13 Nov 2023 | £10,260 | £10,000 | GROUND FLOOR 101 BURNT OAK BROADWAY |
| 19 Sep 2023 | £293,469 | £287,000 | 125A BURNT OAK BROADWAY |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 31 Jul 2019. Using an estimated price of £262,125 means this house is valued at £5,242 per sq meter (£487 per sq foot).
The average size of a house on BURNT OAK BROADWAY is 66 sq meters (717 sq feet).