£323,956
This estimated value is based upon the latest sale price for the house of £225,000 on 11 Aug 2015. 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 |
|---|---|
| £225,000 | 11 Aug 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 August 2015 the House Price Index for GREATER LONDON was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £225,000 results in an estimated price of approximately £323,956.
| 11 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £225,000 | £98,956 | £323,956 |
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 | 24.480 % | £55,080 | £280,080 |
| 3 Month Average | 55.804 % | £125,558 | £350,558 |
| 6 Month Average | 27.474 % | £61,816 | £286,816 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £176,533 | £175,000 | 52A VANCOUVER ROAD |
| 18 Mar 2024 | £20,312 | £20,000 | 159 BURNT OAK BROADWAY |
| 29 Nov 2023 | £615,576 | £599,950 | 8 VANCOUVER ROAD |
| 24 Aug 2023 | £429,751 | £422,000 | 221 BURNT OAK BROADWAY |
| 29 Jun 2023 | £466,346 | £457,000 | 233 BURNT OAK BROADWAY |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 14 Mar 2013. Using an estimated price of £323,957 means this house is valued at £5,225 per sq meter (£485 per sq foot).
The average size of a house on BURNT OAK BROADWAY is 66 sq meters (717 sq feet).