£321,133
This estimated value is based upon the latest sale price for the house of £236,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Office 5, Unit 1, 1000 North Circular Road, London, NW2 7JP
Phone: 02080338754
| Price Paid | Date |
|---|---|
| £236,000 | 31 Mar 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £236,000 results in an estimated price of approximately £321,133.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £236,000 | £85,133 | £321,133 |
The Postcode Pricing Model uses changes in average sales price within the NW2 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 | 50.207 % | £118,487 | £354,487 |
| 3 Month Average | 25.484 % | £60,142 | £296,142 |
| 6 Month Average | 6.639 % | £15,667 | £251,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £605,256 | £600,000 | 29 ALDER GROVE |
| 28 Mar 2024 | £335,149 | £330,000 | FLAT 61 BANTING HOUSE AINSWORTH CLOSE |
| 20 Jun 2023 | £454,100 | £445,000 | 11 WOODBRIDGE CLOSE |
| 7 Mar 2023 | £437,303 | £430,000 | FLAT 9 GREENCREST PLACE DOLLIS HILL LANE |
| 18 Jan 2023 | £295,790 | £295,000 | FLAT 10 CARTON HOUSE FORBES CLOSE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 15 Dec 2015. Using an estimated price of £321,134 means this house is valued at £6,553 per sq meter (£608 per sq foot).
The average size of a house on FORBES CLOSE is 64 sq meters (696 sq feet).