£778,230
This estimated value is based upon the latest sale price for the house of £455,000 on 16 Oct 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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15 Pennine Parade, Pennine Drive, London, NW2 1NT
Phone: 02080223971
| Price Paid | Date |
|---|---|
| £455,000 | 16 Oct 2012 |
| £377,000 | 8 Dec 2003 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2012 the House Price Index for GREATER LONDON was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £455,000 results in an estimated price of approximately £778,230.
| 16 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £455,000 | £323,230 | £778,230 |
The Postcode Pricing Model uses changes in average sales price within the NW11 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 | 21.572 % | £98,153 | £553,153 |
| 3 Month Average | 10.987 % | £49,991 | £504,991 |
| 6 Month Average | 33.193 % | £151,026 | £606,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £529,551 | £520,000 | FLAT 14 SUNFLOWER COURT, 173 GRANVILLE ROAD |
| 22 Jun 2023 | £512,266 | £502,000 | FLAT 22 SUNFLOWER COURT, 173 GRANVILLE ROAD |
| 14 Apr 2023 | £1,197,396 | £1,175,000 | 60 THE VALE |
| 8 Mar 2023 | £833,927 | £820,000 | 122 HENDON WAY |
| 2 Feb 2023 | £518,463 | £515,000 | FLAT 27 SUNFLOWER COURT, 173 GRANVILLE ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 30 Dec 2021. Using an estimated price of £778,230 means this house is valued at £7,705 per sq meter (£715 per sq foot).
The average size of a house on THE VALE is 126 sq meters (1,362 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near The Vale | |
| Sep 2024 | Anti-social behaviour | On or near The Vale | |
| Sep 2024 | Anti-social behaviour | On or near The Vale | |
| Sep 2024 | Anti-social behaviour | On or near The Vale | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near The Vale |