£524,499
This estimated value is based upon the latest sale price for the house of £232,500 on 3 Oct 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Mead Road
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2 Whitchurch Parade, Whitchurch Lane, Edgeware, HA8 6LR
Phone: 02036414425
Price Paid | Date |
---|---|
£232,500 | 3 Oct 2003 |
£190,000 | 16 May 2003 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,017 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 October 2003 the House Price Index for GREATER LONDON was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £232,500 results in an estimated price of approximately £524,499.
3 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.4 | 149.7 | 125.591 % | £232,500 | £291,999 | £524,499 |
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 | 157.341 % | £365,818 | £598,318 |
3 Month Average | 167.250 % | £388,855 | £621,355 |
6 Month Average | 124.538 % | £289,551 | £522,051 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £384,767 | £375,000 | 33 MEAD ROAD |
31 Aug 2023 | £402,255 | £395,000 | 29 MEAD ROAD |
29 Aug 2023 | £463,357 | £455,000 | 37 MEAD ROAD |
2 Jun 2023 | £428,589 | £420,000 | 16 CHURCHILL ROAD |
6 Mar 2023 | £363,063 | £357,000 | 81 WHITCHURCH LANE |
This house has a floor area of 94 sq meters or 1,017 sq feet when measured on 2 Dec 2011. Using an estimated price of £524,499 means this house is valued at £5,549 per sq meter (£515 per sq foot).
The average size of a house on MEAD ROAD is 81 sq meters (881 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Mead Road |
Apr 2024 | Robbery | Under investigation | On or near Mead Road |
Apr 2024 | Anti-social behaviour | On or near Churchill Road | |
Apr 2024 | Anti-social behaviour | On or near Churchill Road | |
Apr 2024 | Anti-social behaviour | On or near Churchill Road |