£336,256
This estimated value is based upon the latest sale price for the house of £204,000 on 14 Oct 2013. 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 |
---|---|
£204,000 | 14 Oct 2013 |
Terraced |
Freehold |
Floor Area: 57 sq meters or 613 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 2013 the House Price Index for GREATER LONDON was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £204,000 results in an estimated price of approximately £336,256.
14 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.8 | 149.7 | 64.832 % | £204,000 | £132,256 | £336,256 |
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 | 87.150 % | £177,786 | £381,786 |
3 Month Average | 84.774 % | £172,938 | £376,938 |
6 Month Average | 54.112 % | £110,387 | £314,387 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £451,460 | £440,000 | 190 WATLING AVENUE |
3 Feb 2023 | £422,824 | £420,000 | 22 THIRLEBY ROAD |
25 Jan 2023 | £511,366 | £510,000 | 142 WATLING AVENUE |
16 Aug 2022 | £459,649 | £457,500 | 85 FORTESCUE ROAD |
14 Jan 2022 | £413,477 | £390,000 | 86 FORTESCUE ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 14 Aug 2013. Using an estimated price of £336,257 means this house is valued at £5,899 per sq meter (£548 per sq foot).
The average size of a house on FORTESCUE ROAD is 76 sq meters (818 sq feet).