£385,569
This estimated value is based upon the latest sale price for the house of £91,000 on 30 Sep 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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70 Watling Avenue, Edgware, HA8 0LU
Phone: 02034783576
| Price Paid | Date |
|---|---|
| £91,000 | 30 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 1999 the House Price Index for GREATER LONDON was 35.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 323.703%.Applying this 323.703% change to the original purchase price of £91,000 results in an estimated price of approximately £385,569.
| 30 Sep 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 149.7 | 323.703 % | £91,000 | £294,569 | £385,569 |
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 | 269.023 % | £244,811 | £335,811 |
| 3 Month Average | 281.813 % | £256,449 | £347,449 |
| 6 Month Average | 279.936 % | £254,741 | £345,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2024 | £420,000 | £420,000 | 4 COLCHESTER ROAD |
| 4 Aug 2023 | £514,275 | £505,000 | 32 ORANGE HILL ROAD |
| 8 Jul 2022 | £461,626 | £457,000 | 7 COLCHESTER ROAD |
| 7 Apr 2022 | £383,846 | £370,000 | 87 COLCHESTER ROAD |
| 14 Dec 2021 | £469,499 | £435,000 | 113 COLCHESTER ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 7 Jan 2012. Using an estimated price of £385,569 means this house is valued at £6,426 per sq meter (£597 per sq foot).
The average size of a house on COLCHESTER ROAD is 71 sq meters (772 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Norwich Walk |
| Aug 2024 | Anti-social behaviour | On or near Norwich Walk | |
| Aug 2024 | Anti-social behaviour | On or near Norwich Walk | |
| Aug 2024 | Anti-social behaviour | On or near Norwich Walk | |
| Oct 2024 | Other theft | Under investigation | On or near Colchester Road |