£489,008
This estimated value is based upon the latest sale price for the house of £285,000 on 14 Sep 2006. 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 |
---|---|
£285,000 | 14 Sep 2006 |
£120,000 | 5 Nov 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 76 sq meters or 818 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 September 2006 the House Price Index for GREATER LONDON was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £285,000 results in an estimated price of approximately £489,008.
14 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 149.7 | 71.582 % | £285,000 | £204,008 | £489,008 |
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 | 142.419 % | £405,895 | £690,895 |
3 Month Average | 101.732 % | £289,935 | £574,935 |
6 Month Average | 73.921 % | £210,674 | £495,674 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Apr 2023 | £774,486 | £760,000 | 84A BLENHEIM GARDENS |
3 Feb 2023 | £563,766 | £560,000 | FIRST FLOOR FLAT 80 BLENHEIM GARDENS |
12 Jan 2023 | £1,453,885 | £1,450,000 | 4 ASTLEY AVENUE |
25 Nov 2022 | £1,169,531 | £1,175,000 | 30 MELROSE AVENUE |
22 Dec 2021 | £1,564,996 | £1,450,000 | 55 MELROSE AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 30 Apr 2015. Using an estimated price of £489,008 means this house is valued at £6,434 per sq meter (£597 per sq foot).
The average size of a house on MELROSE AVENUE is 102 sq meters (1,101 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Meredith Avenue |