£378,064
This estimated value is based upon the latest sale price for the house of £215,000 on 9 May 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Hale Lane, London, NW7 3NX
Phone: 02081282041
Price Paid | Date |
---|---|
£215,000 | 9 May 2006 |
£176,000 | 4 Sep 2002 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 741 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 May 2006 the House Price Index for GREATER LONDON was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £215,000 results in an estimated price of approximately £378,064.
9 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 149.7 | 75.844 % | £215,000 | £163,064 | £378,064 |
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 | 120.682 % | £259,466 | £474,466 |
3 Month Average | 148.518 % | £319,313 | £534,313 |
6 Month Average | 107.039 % | £230,133 | £445,133 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2022 | £444,453 | £440,000 | 50 HORSECROFT ROAD |
28 Jun 2022 | £567,123 | £555,000 | 40 ARUNDEL GARDENS |
14 Apr 2022 | £482,401 | £465,000 | 14 MILLING ROAD |
10 Feb 2022 | £472,765 | £447,500 | 13 WOLSEY GROVE |
26 Jan 2022 | £556,604 | £525,000 | 21 MILLING ROAD |
This house has a floor area of 68 sq meters or 741 sq feet when measured on 5 Nov 2009. Using an estimated price of £378,065 means this house is valued at £5,485 per sq meter (£509 per sq foot).
The average size of a house on WOLSEY GROVE is 77 sq meters (836 sq feet).