£803,005
This estimated value is based upon the latest sale price for the house of £610,000 on 24 Jan 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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297 Hale Lane, Edgware, HA8 7AX
Phone: 02036411478
| Price Paid | Date |
|---|---|
| £610,000 | 24 Jan 2017 |
| Semi-Detached |
| Freehold |
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 January 2017 the House Price Index for GREATER LONDON was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £610,000 results in an estimated price of approximately £803,005.
| 24 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £610,000 | £193,005 | £803,005 |
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 | 87.487 % | £533,673 | £1,143,673 |
| 3 Month Average | 57.776 % | £352,436 | £962,436 |
| 6 Month Average | 42.144 % | £257,080 | £867,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £1,333,859 | £1,300,000 | 20 PENSHURST GARDENS |
| 5 Sep 2023 | £603,299 | £590,000 | 10 LOVATT CLOSE |
| 3 Aug 2023 | £757,665 | £744,000 | 73 BROOK AVENUE |
| 27 Mar 2023 | £894,946 | £880,000 | 25 ST MARGARETS ROAD |
| 31 Mar 2022 | £537,626 | £515,000 | 87 BROOK AVENUE |