£264,664
This estimated value is based upon the latest sale price for the house of £124,000 on 23 Feb 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Office 5, Unit 1, 1000 North Circular Road, London, NW2 7JP
Phone: 02080338754
| Price Paid | Date |
|---|---|
| £124,000 | 23 Feb 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 February 2004 the House Price Index for GREATER LONDON was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £124,000 results in an estimated price of approximately £264,664.
| 23 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 149.7 | 113.439 % | £124,000 | £140,664 | £264,664 |
The Postcode Pricing Model uses changes in average sales price within the NW2 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 | 216.435 % | £268,379 | £392,379 |
| 3 Month Average | 157.878 % | £195,768 | £319,768 |
| 6 Month Average | 117.427 % | £145,608 | £269,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2023 | £454,100 | £445,000 | 11 WOODBRIDGE CLOSE |
| 10 Mar 2023 | £405,777 | £399,000 | FLAT 7 DOLLIS HEIGHTS, 161 - 163 DOLLIS HILL LANE |
| 23 Feb 2023 | £291,945 | £289,995 | 5 WORCESTER CLOSE |
| 18 Jan 2023 | £295,790 | £295,000 | FLAT 10 CARTON HOUSE FORBES CLOSE |
| 31 Oct 2022 | £844,679 | £847,500 | 153 DOLLIS HILL LANE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 15 Jul 2014. Using an estimated price of £264,665 means this house is valued at £5,631 per sq meter (£523 per sq foot).
The average size of a house on NEWFIELD RISE is 108 sq meters (1,170 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (505 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Worcester Close |
| Apr 2024 | Burglary | Under investigation | On or near Pippin Close |