£243,606
This estimated value is based upon the latest sale price for the house of £142,000 on 24 Sep 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Pippin Close
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Office 5, Unit 1, 1000 North Circular Road, London, NW2 7JP
Phone: 02080338754
Price Paid | Date |
---|---|
£142,000 | 24 Sep 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 530 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 September 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.554%.Applying this 71.554% change to the original purchase price of £142,000 results in an estimated price of approximately £243,606.
24 Sep 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 149.7 | 71.554 % | £142,000 | £101,606 | £243,606 |
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 | 68.611 % | £97,427 | £239,427 |
3 Month Average | 47.321 % | £67,195 | £209,195 |
6 Month Average | 29.948 % | £42,526 | £184,526 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Apr 2024 | £605,256 | £600,000 | 29 ALDER GROVE |
20 Jun 2023 | £454,100 | £445,000 | 11 WOODBRIDGE CLOSE |
7 Mar 2023 | £437,303 | £430,000 | FLAT 9 GREENCREST PLACE DOLLIS HILL LANE |
23 Feb 2023 | £291,945 | £289,995 | 5 WORCESTER CLOSE |
18 Jan 2023 | £295,790 | £295,000 | FLAT 10 CARTON HOUSE FORBES CLOSE |
This house has a floor area of 49 sq meters or 530 sq feet when measured on 16 Mar 2012. Using an estimated price of £243,607 means this house is valued at £4,947 per sq meter (£459 per sq foot).
The average size of a house on MIDWOOD CLOSE is 74 sq meters (803 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Pippin Close |