£410,551
This estimated value is based upon the latest sale price for the house of £250,000 on 26 Jan 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 North Parade, Mollison Way, Edgware, HA8 5QH
Phone: 02034783575
| Price Paid | Date |
|---|---|
| £250,000 | 26 Jan 2007 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2007 the House Price Index for GREATER LONDON was 90.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.221%.Applying this 64.221% change to the original purchase price of £250,000 results in an estimated price of approximately £410,551.
| 26 Jan 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 148.6 | 64.221 % | £250,000 | £160,551 | £410,551 |
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 | 132.101 % | £330,253 | £580,253 |
| 3 Month Average | 74.652 % | £186,628 | £436,628 |
| 6 Month Average | 86.203 % | £215,506 | £465,506 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £450,456 | £445,000 | 48 WESTLEIGH GARDENS |
| 30 Mar 2023 | £504,755 | £500,000 | 8 LEIGHTON CLOSE |
| 11 May 2022 | £428,066 | £420,000 | 22 LEIGHTON CLOSE |
| 21 Jun 2021 | £567,577 | £529,000 | 6 WESTLEIGH GARDENS |
| 15 Oct 2020 | £662,792 | £565,000 | 51 LANDSEER CLOSE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 26 Oct 2018. Using an estimated price of £410,552 means this house is valued at £6,127 per sq meter (£569 per sq foot).
The average size of a house on LANDSEER CLOSE is 82 sq meters (890 sq feet).