£320,619
This estimated value is based upon the latest sale price for the house of £185,000 on 8 Jun 2011. 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 |
|---|---|
| £185,000 | 8 Jun 2011 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 901 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 2011 the House Price Index for GREATER LONDON was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £185,000 results in an estimated price of approximately £320,619.
| 8 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £185,000 | £135,619 | £320,619 |
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 | 108.208 % | £200,185 | £385,185 |
| 3 Month Average | 42.079 % | £77,846 | £262,846 |
| 6 Month Average | 54.275 % | £100,409 | £285,409 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Oct 2022 | £939,880 | £950,000 | 59 BURNT OAK BROADWAY |
| 21 Oct 2022 | £296,804 | £300,000 | 54 WATLING AVENUE |
| 11 Oct 2022 | £138,509 | £140,000 | 21A WATLING AVENUE |
| 23 Sep 2022 | £401,756 | £405,000 | FLAT 8 UCAR HOUSE, 104B BURNT OAK BROADWAY |
| 15 Sep 2022 | £4,960 | £5,000 | GROUND FLOOR SHOP 108 BURNT OAK BROADWAY |
This house has a floor area of 83 sq meters or 901 sq feet when measured on 28 Mar 2011. Using an estimated price of £320,619 means this house is valued at £3,827 per sq meter (£355 per sq foot).
The average size of a house on BARNFIELD ROAD is 85 sq meters (924 sq feet).