£607,764
This estimated value is based upon the latest sale price for the house of £449,950 on 24 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2-6 Station Parade, London, NW2 4NH
Phone: 02034630250
| Price Paid | Date |
|---|---|
| £449,950 | 24 Mar 2016 |
| £270,000 | 23 Feb 2007 |
| £159,950 | 12 May 2002 |
| £80,000 | 11 Jun 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £449,950 results in an estimated price of approximately £607,764.
| 24 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £449,950 | £157,814 | £607,764 |
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 | -9.370 % | £-42,159 | £407,790 |
| 3 Month Average | -1.741 % | £-7,831 | £442,118 |
| 6 Month Average | 6.538 % | £29,419 | £479,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Feb 2023 | £204,862 | £205,000 | 8 WOTTON ROAD |
| 24 Nov 2022 | £518,717 | £525,000 | 1A NEWTON ROAD |
| 19 Aug 2022 | £513,119 | £514,500 | 2 NEWTON ROAD |
| 29 Jul 2022 | £401,080 | £400,000 | 12 WOTTON ROAD |
| 19 Apr 2022 | £401,622 | £390,000 | 10A WOTTON ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 22 Mar 2018. Using an estimated price of £607,764 means this house is valued at £9,963 per sq meter (£925 per sq foot).
The average size of a house on WOTTON ROAD is 92 sq meters (1,000 sq feet).