£1,069,241
This estimated value is based upon the latest sale price for the house of £799,000 on 26 Sep 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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15 Pennine Parade, Pennine Drive, London, NW2 1NT
Phone: 02080223971
| Price Paid | Date |
|---|---|
| £799,000 | 26 Sep 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 2016 the House Price Index for GREATER LONDON was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £799,000 results in an estimated price of approximately £1,069,241.
| 26 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £799,000 | £270,241 | £1,069,241 |
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 | 45.385 % | £362,626 | £1,161,626 |
| 3 Month Average | 16.883 % | £134,891 | £933,891 |
| 6 Month Average | -3.482 % | £-27,820 | £771,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £600,212 | £595,000 | 55 CLEVELAND GARDENS |
| 4 Aug 2023 | £679,760 | £667,500 | 28 CLEVELAND GARDENS |
| 30 Jun 2022 | £470,048 | £460,000 | FLAT 1 10 CLEVELAND GARDENS |
| 24 Jan 2022 | £720,935 | £680,000 | 50 CLEVELAND GARDENS |
| 7 Jan 2022 | £911,771 | £860,000 | 113 COTSWOLD GARDENS |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 23 Mar 2016. Using an estimated price of £1,069,241 means this house is valued at £7,477 per sq meter (£694 per sq foot).
The average size of a house on CLEVELAND GARDENS is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cleveland Gardens |