£584,608
This estimated value is based upon the latest sale price for the house of £365,703 on 29 Apr 2008. 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 |
|---|---|
| £365,703 | 29 Apr 2008 |
| Terraced |
| Freehold |
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 April 2008 the House Price Index for GREATER LONDON was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £365,703 results in an estimated price of approximately £584,608.
| 29 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 149.7 | 59.859 % | £365,703 | £218,905 | £584,608 |
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 | 96.699 % | £353,631 | £719,334 |
| 3 Month Average | 109.775 % | £401,448 | £767,151 |
| 6 Month Average | 71.940 % | £263,086 | £628,789 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £310,813 | £305,000 | FLAT 1 AURORA COURT, 2 FORTUNE AVENUE |
| 15 Jul 2022 | £380,816 | £377,000 | FLAT 22 BALLOTA COURT, 1 FORTUNE AVENUE |
| 29 Nov 2021 | £381,277 | £349,950 | FLAT 12 BALLOTA COURT, 1 FORTUNE AVENUE |
| 4 Dec 2020 | £369,987 | £320,000 | FLAT 9 BALLOTA COURT, 1 FORTUNE AVENUE |
| 28 May 2019 | £361,133 | £290,000 | FLAT 15 BALLOTA COURT, 1 FORTUNE AVENUE |