£413,872
This estimated value is based upon the latest sale price for the house of £162,000 on 20 Dec 2002. 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 |
|---|---|
| £162,000 | 20 Dec 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 December 2002 the House Price Index for GREATER LONDON was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £162,000 results in an estimated price of approximately £413,872.
| 20 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 149.7 | 155.477 % | £162,000 | £251,872 | £413,872 |
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 | 163.905 % | £265,525 | £427,525 |
| 3 Month Average | 195.154 % | £316,148 | £478,148 |
| 6 Month Average | 147.086 % | £238,278 | £400,278 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £462,100 | £455,000 | 179 MONTROSE AVENUE |
| 12 Dec 2023 | £438,473 | £425,000 | 75 BLUNDELL ROAD |
| 24 Nov 2023 | £451,460 | £440,000 | 190 WATLING AVENUE |
| 31 Aug 2022 | £416,950 | £415,000 | 36 TREVOR ROAD |
| 1 Oct 2021 | £284,240 | £255,000 | 133 MONTROSE AVENUE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 16 Jun 2015. Using an estimated price of £413,873 means this house is valued at £4,986 per sq meter (£463 per sq foot).
The average size of a house on MONTROSE AVENUE is 77 sq meters (839 sq feet).