£492,907
This estimated value is based upon the latest sale price for the house of £97,000 on 30 Jul 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Whitchurch Parade, Whitchurch Lane, Edgeware, HA8 6LR
Phone: 02036414425
| Price Paid | Date |
|---|---|
| £97,000 | 30 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 July 1997 the House Price Index for GREATER LONDON was 29.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 408.152%.Applying this 408.152% change to the original purchase price of £97,000 results in an estimated price of approximately £492,907.
| 30 Jul 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 148.6 | 408.152 % | £97,000 | £395,907 | £492,907 |
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 | 533.179 % | £517,183 | £614,183 |
| 3 Month Average | 346.578 % | £336,180 | £433,180 |
| 6 Month Average | 348.233 % | £337,786 | £434,786 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £278,562 | £275,000 | FLAT 4 CHANDOS PARADE BUCKINGHAM ROAD |
| 13 Jul 2023 | £363,898 | £359,000 | 106 BUCKINGHAM ROAD |
| 17 Jan 2023 | £564,342 | £567,000 | 122 BUCKINGHAM ROAD |
| 3 Feb 2022 | £582,025 | £555,000 | 40 MERLIN CRESCENT |
| 7 Oct 2021 | £309,814 | £280,000 | 98A BUCKINGHAM ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 26 Sep 2014. Using an estimated price of £492,907 means this house is valued at £5,029 per sq meter (£467 per sq foot).
The average size of a house on MERLIN CRESCENT is 88 sq meters (948 sq feet).