£409,194
This estimated value is based upon the latest sale price for the house of £250,000 on 19 Nov 2013. 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 |
|---|---|
| £250,000 | 19 Nov 2013 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 November 2013 the House Price Index for GREATER LONDON was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £250,000 results in an estimated price of approximately £409,194.
| 19 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £250,000 | £159,194 | £409,194 |
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 | 90.616 % | £226,541 | £476,541 |
| 3 Month Average | 95.782 % | £239,455 | £489,455 |
| 6 Month Average | 51.331 % | £128,327 | £378,327 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £439,993 | £430,000 | 163 SILKSTREAM ROAD |
| 17 Apr 2023 | £326,099 | £320,000 | 147 SILKSTREAM ROAD |
| 26 Jan 2023 | £290,777 | £290,000 | 145 SILKSTREAM ROAD |
| 25 Jan 2023 | £511,366 | £510,000 | 142 WATLING AVENUE |
| 13 Jul 2022 | £454,555 | £450,000 | 29 GERVASE ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 14 Oct 2013. Using an estimated price of £409,194 means this house is valued at £5,384 per sq meter (£500 per sq foot).
The average size of a house on GERVASE ROAD is 80 sq meters (871 sq feet).