£453,246
This estimated value is based upon the latest sale price for the house of £167,000 on 4 Sep 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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70 Watling Avenue, Edgware, HA8 0LU
Phone: 02034783576
| Price Paid | Date |
|---|---|
| £167,000 | 4 Sep 2002 |
| £66,500 | 7 Mar 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 866 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 2002 the House Price Index for GREATER LONDON was 55.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 171.405%.Applying this 171.405% change to the original purchase price of £167,000 results in an estimated price of approximately £453,246.
| 4 Sep 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 149.7 | 171.405 % | £167,000 | £286,246 | £453,246 |
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 | 213.135 % | £355,935 | £522,935 |
| 3 Month Average | 205.986 % | £343,996 | £510,996 |
| 6 Month Average | 156.341 % | £261,089 | £428,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £438,196 | £430,000 | 4 TREVOR ROAD |
| 3 Feb 2023 | £422,824 | £420,000 | 22 THIRLEBY ROAD |
| 13 Jul 2022 | £454,555 | £450,000 | 29 GERVASE ROAD |
| 11 Apr 2022 | £525,973 | £507,000 | 43 GLOUCESTER GROVE |
| 28 Mar 2022 | £490,649 | £470,000 | 53 GERVASE ROAD |
This house has a floor area of 80 sq meters or 866 sq feet when measured on 17 Mar 2009. Using an estimated price of £453,246 means this house is valued at £5,633 per sq meter (£523 per sq foot).
The average size of a house on GLOUCESTER GROVE is 86 sq meters (929 sq feet).