£424,526
This estimated value is based upon the latest sale price for the house of £348,500 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Mowbray Parade, 86 Edgware Way, Edgware, HA8 8JS
Phone: 02080337620
| Price Paid | Date |
|---|---|
| £348,500 | 31 Jul 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 725 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 July 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £348,500 results in an estimated price of approximately £424,526.
| 31 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £348,500 | £76,026 | £424,526 |
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 | 15.700 % | £54,713 | £403,213 |
| 3 Month Average | 42.171 % | £146,965 | £495,465 |
| 6 Month Average | 28.611 % | £99,709 | £448,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £296,537 | £290,000 | 51 STERLING AVENUE |
| 7 Aug 2023 | £376,796 | £370,000 | 36A STERLING AVENUE |
| 6 Jun 2023 | £487,265 | £477,500 | 5 COMPASS CLOSE |
| 30 Jan 2023 | £787,103 | £785,000 | 74 HILLSIDE GARDENS |
| 15 Aug 2022 | £783,664 | £780,000 | 85 HILLSIDE GARDENS |
This house has a floor area of 67 sq meters or 725 sq feet when measured on 5 Jan 2012. Using an estimated price of £424,527 means this house is valued at £6,302 per sq meter (£585 per sq foot).
The average size of a house on STERLING AVENUE is 70 sq meters (762 sq feet).