£366,625
This estimated value is based upon the latest sale price for the house of £200,000 on 1 Aug 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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8 The Promenade, Edgware, HA8 7JZ
Phone: 02081157256
| Price Paid | Date |
|---|---|
| £200,000 | 1 Aug 2005 |
| £125,000 | 19 Jan 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 2005 the House Price Index for GREATER LONDON was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £200,000 results in an estimated price of approximately £366,625.
| 1 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.6 | 83.313 % | £200,000 | £166,625 | £366,625 |
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 | 165.312 % | £330,624 | £530,624 |
| 3 Month Average | 81.580 % | £163,159 | £363,159 |
| 6 Month Average | 85.222 % | £170,444 | £370,444 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £1,319,536 | £1,300,000 | 25 EDGWAREBURY LANE |
| 8 Nov 2023 | £340,034 | £335,000 | 2 DRIVE COURT |
| 31 Jul 2023 | £395,321 | £390,000 | 3 EDGWAREBURY COURT EDGWAREBURY LANE |
| 10 Mar 2023 | £383,614 | £380,000 | 3 DRIVE COURT |
| 29 Nov 2022 | £387,803 | £392,500 | 24 HERONSGATE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 15 Jan 2013. Using an estimated price of £366,625 means this house is valued at £3,900 per sq meter (£362 per sq foot).
The average size of a house on THE PROMENADE is 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Stream Lane | |
| Apr 2024 | Anti-social behaviour | On or near Stream Lane | |
| Apr 2024 | Shoplifting | Under investigation | On or near Stream Lane |
| Apr 2024 | Anti-social behaviour | On or near Stream Lane | |
| Apr 2024 | Anti-social behaviour | On or near Stream Lane |