£882,838
This estimated value is based upon the latest sale price for the house of £370,000 on 14 May 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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292 - 294 Hale Lane, Edgware, HA8 8NP
Phone: 02036417288
| Price Paid | Date |
|---|---|
| £370,000 | 14 May 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 2003 the House Price Index for GREATER LONDON was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £370,000 results in an estimated price of approximately £882,838.
| 14 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 149.7 | 138.605 % | £370,000 | £512,838 | £882,838 |
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 | 164.142 % | £607,326 | £977,326 |
| 3 Month Average | 169.538 % | £627,289 | £997,289 |
| 6 Month Average | 124.017 % | £458,864 | £828,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £749,013 | £730,000 | 10 THE DRIVE |
| 12 Oct 2023 | £459,946 | £449,500 | FLAT 11 ABBEY COURT, 270 HALE LANE |
| 29 Jun 2023 | £1,561,288 | £1,530,000 | 12 MOWBRAY ROAD |
| 20 Jun 2023 | £1,632,720 | £1,600,000 | 23 THE RISE |
| 20 Apr 2023 | £924,798 | £907,500 | 26 THE DRIVE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 27 Aug 2013. Using an estimated price of £882,839 means this house is valued at £7,356 per sq meter (£683 per sq foot).
The average size of a house on THE DRIVE is 156 sq meters (1,687 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Rise |