£513,998
This estimated value is based upon the latest sale price for the house of £89,950 on 16 Jan 1996. 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 |
---|---|
£89,950 | 16 Jan 1996 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 January 1996 the House Price Index for GREATER LONDON was 26.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 471.427%.Applying this 471.427% change to the original purchase price of £89,950 results in an estimated price of approximately £513,998.
16 Jan 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.2 | 149.7 | 471.427 % | £89,950 | £424,048 | £513,998 |
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 | 594.367 % | £534,633 | £624,583 |
3 Month Average | 599.248 % | £539,023 | £628,973 |
6 Month Average | 461.693 % | £415,292 | £505,242 |
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 |
19 Aug 2019 | £681,821 | £550,000 | 39 WESTLEIGH GARDENS |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 1 Jul 2015. Using an estimated price of £513,998 means this house is valued at £6,047 per sq meter (£561 per sq foot).
The average size of a house on WESTLEIGH GARDENS is 95 sq meters (1,031 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Constable Gardens |