£620,558
This estimated value is based upon the latest sale price for the house of £490,000 on 15 Dec 2017. 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 |
|---|---|
| £490,000 | 15 Dec 2017 |
| £266,000 | 4 Aug 2004 |
| £240,000 | 4 Jun 2003 |
| £123,500 | 24 Jun 1998 |
| £87,000 | 9 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 December 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £490,000 results in an estimated price of approximately £620,558.
| 15 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £490,000 | £130,558 | £620,558 |
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 | 13.494 % | £66,118 | £556,118 |
| 3 Month Average | 32.739 % | £160,422 | £650,422 |
| 6 Month Average | 15.394 % | £75,429 | £565,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2024 | £605,000 | £605,000 | 56 METHUEN ROAD |
| 30 Jun 2023 | £627,577 | £615,000 | 3 METHUEN ROAD |
| 9 Feb 2023 | £325,172 | £323,000 | 9 METHUEN CLOSE |
| 12 May 2022 | £611,942 | £596,000 | 1 METHUEN ROAD |
| 5 May 2022 | £662,253 | £645,000 | 26 MILFORD GARDENS |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 25 Jul 2016. Using an estimated price of £620,559 means this house is valued at £8,865 per sq meter (£823 per sq foot).
The average size of a house on METHUEN ROAD is 91 sq meters (987 sq feet).