£770,954
This estimated value is based upon the latest sale price for the house of £515,000 on 20 Jan 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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43 South Parade, Mollison Way, Edgware, HA8 5QL
Phone: 02035447953
| Price Paid | Date |
|---|---|
| £515,000 | 20 Jan 2015 |
| £107,000 | 27 Mar 1997 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 January 2015 the House Price Index for GREATER LONDON was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £515,000 results in an estimated price of approximately £770,954.
| 20 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £515,000 | £255,954 | £770,954 |
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 | 66.872 % | £344,390 | £859,390 |
| 3 Month Average | 73.245 % | £377,209 | £892,209 |
| 6 Month Average | 35.678 % | £183,743 | £698,743 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Oct 2022 | £583,053 | £585,000 | 44 WALTHAM DRIVE |
| 22 Jul 2022 | £297,986 | £295,000 | 15B WALTHAM DRIVE |
| 31 May 2022 | £605,782 | £590,000 | 34 LAWRENCE CRESCENT |
| 10 Jan 2022 | £583,109 | £550,000 | 35 CALDER GARDENS |
| 11 May 2021 | £569,202 | £500,000 | 106 MOLLISON WAY |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 10 Aug 2010. Using an estimated price of £770,955 means this house is valued at £6,945 per sq meter (£645 per sq foot).
The average size of a house on WALTHAM DRIVE is 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Waltham Drive |
| Apr 2024 | Vehicle crime | Under investigation | On or near Calder Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mollison Way |