£1,482,561
This estimated value is based upon the latest sale price for the house of £985,000 on 12 Sep 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Whitchurch Parade, Whitchurch Lane, Edgeware, HA8 6LR
Phone: 02036414425
| Price Paid | Date |
|---|---|
| £985,000 | 12 Sep 2014 |
| Detached |
| Freehold |
| Floor Area: 211 sq meters or 2,271 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 September 2014 the House Price Index for GREATER LONDON was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £985,000 results in an estimated price of approximately £1,482,561.
| 12 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £985,000 | £497,561 | £1,482,561 |
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 | 40.958 % | £403,437 | £1,388,437 |
| 3 Month Average | 19.365 % | £190,750 | £1,175,750 |
| 6 Month Average | 27.500 % | £270,872 | £1,255,872 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £365,410 | £360,000 | 1 DOVER HOUSE STRATTON CLOSE |
| 22 Aug 2023 | £2,219,416 | £2,200,000 | 53 DORSET DRIVE |
| 28 Feb 2023 | £362,351 | £362,595 | 3 HAMPSHIRE HOUSE STRATTON CLOSE |
| 15 Feb 2023 | £1,119,747 | £1,120,500 | 6 DORSET DRIVE |
| 25 Nov 2022 | £360,632 | £365,000 | 7 WEYMOUTH HOUSE STRATTON CLOSE |
This house has a floor area of 211 sq meters or 2,271 sq feet when measured on 25 Oct 2013. Using an estimated price of £1,482,562 means this house is valued at £7,026 per sq meter (£652 per sq foot).
The average size of a house on DORSET DRIVE is 220 sq meters (2,372 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stratton Close |
| Mar 2024 | Drugs | Under investigation | On or near Rye Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Canons Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Montgomery Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Montgomery Road |