£457,352
This estimated value is based upon the latest sale price for the house of £320,000 on 11 Aug 2015. 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 |
|---|---|
| £320,000 | 11 Aug 2015 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2015 the House Price Index for GREATER LONDON was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £320,000 results in an estimated price of approximately £457,352.
| 11 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £320,000 | £137,352 | £457,352 |
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 | 38.377 % | £122,807 | £442,807 |
| 3 Month Average | 13.469 % | £43,100 | £363,100 |
| 6 Month Average | 15.194 % | £48,619 | £368,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jan 2023 | £507,609 | £510,000 | 142 WATLING AVENUE |
| 16 Aug 2022 | £456,272 | £457,500 | 85 FORTESCUE ROAD |
| 14 Jan 2022 | £410,439 | £390,000 | 86 FORTESCUE ROAD |
| 6 Apr 2021 | £477,643 | £423,000 | 5 FORTESCUE ROAD |
| 9 Jul 2020 | £324,671 | £268,500 | 3 FORTESCUE ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 8 Jun 2015. Using an estimated price of £457,353 means this house is valued at £5,138 per sq meter (£477 per sq foot).
The average size of a house on FORTESCUE ROAD is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Gilbert Grove |
| Mar 2024 | Robbery | Under investigation | On or near Gilbert Grove |