£615,750
This estimated value is based upon the latest sale price for the house of £496,000 on 10 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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155 Hale Lane, Edgware, HA8 9QW
Phone: 02080224399
| Price Paid | Date |
|---|---|
| £496,000 | 10 Oct 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 October 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £496,000 results in an estimated price of approximately £615,750.
| 10 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £496,000 | £119,750 | £615,750 |
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 | 3.491 % | £17,317 | £513,317 |
| 3 Month Average | 36.431 % | £180,698 | £676,698 |
| 6 Month Average | 12.970 % | £64,332 | £560,332 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £486,270 | £477,500 | 17 OAKWOOD DRIVE |
| 28 Feb 2023 | £870,817 | £865,000 | 8 STANWAY GARDENS |
| 21 Jul 2022 | £606,073 | £600,000 | 54 DEANS WAY |
| 14 Dec 2021 | £593,619 | £550,000 | 7 STANWAY GARDENS |
| 22 Nov 2021 | £544,760 | £500,000 | 153 FARM ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 17 Jul 2018. Using an estimated price of £615,750 means this house is valued at £7,794 per sq meter (£724 per sq foot).
The average size of a house on STANWAY GARDENS is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Oakwood Drive |
| Apr 2024 | Other crime | Under investigation | On or near Oakwood Drive |