£659,582
This estimated value is based upon the latest sale price for the house of £435,000 on 15 Sep 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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8 The Promenade, Edgware, HA8 7JZ
Phone: 02081157256
| Price Paid | Date |
|---|---|
| £435,000 | 15 Sep 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 2014 the House Price Index for GREATER LONDON was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £435,000 results in an estimated price of approximately £659,582.
| 15 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £435,000 | £224,582 | £659,582 |
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 | 26.802 % | £116,588 | £551,588 |
| 3 Month Average | 63.900 % | £277,966 | £712,966 |
| 6 Month Average | 41.092 % | £178,750 | £613,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £1,333,859 | £1,300,000 | 25 EDGWAREBURY LANE |
| 13 Jun 2023 | £765,337 | £750,000 | 32 EDGWAREBURY GARDENS |
| 10 Mar 2023 | £386,454 | £380,000 | 3 DRIVE COURT |
| 22 Jul 2022 | £823,249 | £815,000 | 2 THE DRIVE |
| 15 Dec 2020 | £231,242 | £200,000 | FLAT 2 36 EDGWAREBURY LANE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 4 Aug 2014. Using an estimated price of £659,582 means this house is valued at £8,913 per sq meter (£828 per sq foot).
The average size of a house on EDGWAREBURY LANE is 139 sq meters (1,503 sq feet).