£538,511
This estimated value is based upon the latest sale price for the house of £353,000 on 27 Aug 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 North Parade, Mollison Way, Edgware, HA8 5QH
Phone: 02034783575
Price Paid | Date |
---|---|
£353,000 | 27 Aug 2014 |
£275,000 | 4 Aug 2008 |
£222,000 | 1 Feb 2005 |
£225,000 | 10 Sep 2003 |
£110,000 | 19 Apr 1999 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £353,000 results in an estimated price of approximately £538,511.
27 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £353,000 | £185,511 | £538,511 |
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 | 83.816 % | £295,870 | £648,870 |
3 Month Average | 84.688 % | £298,948 | £651,948 |
6 Month Average | 47.262 % | £166,835 | £519,835 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £337,439 | £330,000 | 15 BRIARY GROVE |
29 Jun 2022 | £756,164 | £740,000 | 94 MOLLISON WAY |
1 Apr 2022 | £518,659 | £499,950 | 13 MOLLISON WAY |
2 Dec 2021 | £550,447 | £510,000 | 62 MOLLISON WAY |
15 Dec 2020 | £622,041 | £538,000 | 16 BROOMGROVE GARDENS |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 5 Jul 2014. Using an estimated price of £538,511 means this house is valued at £7,693 per sq meter (£714 per sq foot).
The average size of a house on BRIARY GROVE is 71 sq meters (764 sq feet).