£1,059,360
This estimated value is based upon the latest sale price for the house of £620,000 on 22 Jun 2012. 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 |
|---|---|
| £620,000 | 22 Jun 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 837 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 June 2012 the House Price Index for GREATER LONDON was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £620,000 results in an estimated price of approximately £1,059,360.
| 22 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.865 % | £620,000 | £439,360 | £1,059,360 |
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 | 83.664 % | £518,718 | £1,138,718 |
| 3 Month Average | 51.290 % | £317,999 | £937,999 |
| 6 Month Average | 41.920 % | £259,905 | £879,905 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £766,906 | £750,000 | 108 THE VALE |
| 24 Mar 2023 | £1,083,088 | £1,065,000 | 3 SANDERSTEAD AVENUE |
| 28 Feb 2023 | £684,573 | £680,000 | 25 PURLEY AVENUE |
| 15 Aug 2022 | £1,054,933 | £1,050,000 | 50 GREENFIELD GARDENS |
| 27 Jun 2022 | £459,829 | £450,000 | 29 GREENFIELD GARDENS |
This house has a floor area of 77 sq meters or 837 sq feet when measured on 23 Jan 2012. Using an estimated price of £1,059,361 means this house is valued at £13,616 per sq meter (£1,265 per sq foot).
The average size of a house on PURLEY AVENUE is 152 sq meters (1,642 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Under investigation | On or near Purley Avenue |
| Apr 2024 | Robbery | Under investigation | On or near Purley Avenue |
| Apr 2024 | Public order | Under investigation | On or near Purley Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Greenfield Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Greenfield Gardens |