18 ALBUHERA MEWS

£1,359,954

Full Address

18 ALBUHERA MEWS
LONDON
GREATER LONDON
UNITED KINGDOM
NW7 1FQ

Estimated Market Value

£1,359,954

This estimated value is based upon the latest sale price for the house of £1,115,000 on 27 Jun 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1

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Transactions for this house
Price PaidDate
£1,115,00027 Jun 2019
£1,000,00027 Mar 2015
House Details
Semi-Detached
Freehold
Floor Area: 188 sq meters or 2,023 sq feet

House Price Models

Land Registry House Price Index Model

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 June 2019 the House Price Index for GREATER LONDON was 120.3.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.969%.

Applying this 21.969% change to the original purchase price of £1,115,000 results in an estimated price of approximately £1,359,954.

27 Jun 2019 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
120.3 146.7 21.969 % £1,115,000 £244,954 £1,359,954

The Postcode Pricing Model uses changes in average sales price within the NW7 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 20.894 % £232,968 £1,347,968
3 Month Average -11.816 % £-131,753 £983,246
6 Month Average 9.798 % £109,249 £1,224,249
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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