£526,437
This estimated value is based upon the latest sale price for the house of £307,000 on 20 Jul 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 North Parade, Mollison Way, Edgware, HA8 5QH
Phone: 02034783575
Price Paid | Date |
---|---|
£307,000 | 20 Jul 2012 |
£249,950 | 30 Jun 2005 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £307,000 results in an estimated price of approximately £526,437.
20 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 149.7 | 71.478 % | £307,000 | £219,437 | £526,437 |
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 | 71.659 % | £219,991 | £526,991 |
3 Month Average | 103.015 % | £316,256 | £623,256 |
6 Month Average | 74.148 % | £227,633 | £534,633 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £526,168 | £510,000 | 6 BROOMGROVE GARDENS |
9 Jun 2023 | £454,100 | £445,000 | 48 WESTLEIGH GARDENS |
20 Aug 2021 | £595,653 | £530,000 | 55 BROOMGROVE GARDENS |
21 Jun 2021 | £571,778 | £529,000 | 6 WESTLEIGH GARDENS |
13 Jan 2020 | £643,861 | £524,000 | 39 LANDSEER CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 5 Jul 2012. Using an estimated price of £526,437 means this house is valued at £7,976 per sq meter (£741 per sq foot).
The average size of a house on WESTLEIGH GARDENS is 95 sq meters (1,031 sq feet).