£392,793
This estimated value is based upon the latest sale price for the house of £233,000 on 13 May 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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15 Pennine Parade, Pennine Drive, London, NW2 1NT
Phone: 02080223971
| Price Paid | Date |
|---|---|
| £233,000 | 13 May 2013 |
| £179,000 | 31 Oct 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 May 2013 the House Price Index for GREATER LONDON was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.581%.Applying this 68.581% change to the original purchase price of £233,000 results in an estimated price of approximately £392,793.
| 13 May 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.581 % | £233,000 | £159,793 | £392,793 |
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 | 91.982 % | £214,317 | £447,317 |
| 3 Month Average | 58.193 % | £135,589 | £368,589 |
| 6 Month Average | 37.336 % | £86,993 | £319,993 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £291,424 | £285,000 | 77 WINDMILL DRIVE |
| 12 Jan 2023 | £345,924 | £345,000 | FLAT 6 HURCOTT COURT, 30 SOMERTON ROAD |
| 7 Sep 2022 | £361,259 | £361,500 | 1 WINDMILL DRIVE |
| 16 Jun 2022 | £240,133 | £235,000 | 69 WINDMILL DRIVE |
| 22 Mar 2022 | £361,723 | £346,500 | 55 WINDMILL DRIVE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 4 Mar 2020. Using an estimated price of £392,794 means this house is valued at £6,772 per sq meter (£629 per sq foot).
The average size of a house on KINGWESTON CLOSE is 61 sq meters (657 sq feet).