£480,232
This estimated value is based upon the latest sale price for the house of £358,000 on 15 Jul 2016. 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 |
---|---|
£358,000 | 15 Jul 2016 |
£70,000 | 19 Aug 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 721 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 July 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £358,000 results in an estimated price of approximately £480,232.
15 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £358,000 | £122,232 | £480,232 |
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 | 25.216 % | £90,273 | £448,273 |
3 Month Average | 40.487 % | £144,944 | £502,944 |
6 Month Average | 28.285 % | £101,258 | £459,258 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2022 | £337,275 | £337,500 | 59 WOLSEY GROVE |
28 Jun 2022 | £567,123 | £555,000 | 40 ARUNDEL GARDENS |
4 Apr 2022 | £456,466 | £440,000 | 355 WATLING AVENUE |
29 Oct 2021 | £307,091 | £275,500 | 293 WATLING AVENUE |
3 Sep 2021 | £244,253 | £225,000 | 68 WOLSEY GROVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 2 Nov 2015. Using an estimated price of £480,233 means this house is valued at £7,167 per sq meter (£665 per sq foot).
The average size of a house on WATLING AVENUE is 74 sq meters (801 sq feet).