£129,310
This estimated value is based upon the latest sale price for the house of £47,645 on 20 Sep 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Hale Lane, London, NW7 3NX
Phone: 02081282041
Price Paid | Date |
---|---|
£47,645 | 20 Sep 2002 |
Terraced |
Freehold |
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 2002 the House Price Index for GREATER LONDON was 55.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 171.405%.Applying this 171.405% change to the original purchase price of £47,645 results in an estimated price of approximately £129,310.
20 Sep 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
55.2 | 149.7 | 171.405 % | £47,645 | £81,665 | £129,310 |
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 | 213.135 % | £101,548 | £149,193 |
3 Month Average | 205.986 % | £98,142 | £145,787 |
6 Month Average | 156.341 % | £74,488 | £122,133 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £572,623 | £560,000 | 3 OLDBERRY ROAD |
24 Nov 2022 | £423,022 | £425,000 | 271 DEANSBROOK ROAD |
6 Sep 2022 | £373,750 | £374,000 | 5 OLDBERRY ROAD |
20 May 2022 | £441,502 | £430,000 | 73 HOMEFIELD ROAD |
29 Jun 2021 | £459,368 | £425,000 | 84 THE MEADS |