£371,599
This estimated value is based upon the latest sale price for the house of £350,500 on 7 Jan 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Whitchurch Parade, Whitchurch Lane, Edgeware, HA8 6LR
Phone: 02036414425
| Price Paid | Date |
|---|---|
| £350,500 | 7 Jan 2022 |
| £300,000 | 27 Nov 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2022 the House Price Index for GREATER LONDON was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £350,500 results in an estimated price of approximately £371,599.
| 7 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £350,500 | £21,099 | £371,599 |
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 | 62.604 % | £219,428 | £569,928 |
| 3 Month Average | 22.605 % | £79,230 | £429,730 |
| 6 Month Average | -5.085 % | £-17,822 | £332,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2024 | £605,000 | £605,000 | 56 METHUEN ROAD |
| 17 Feb 2023 | £342,286 | £340,000 | 34 HANDEL WAY |
| 9 Feb 2023 | £325,172 | £323,000 | 9 METHUEN CLOSE |
| 5 May 2022 | £662,253 | £645,000 | 26 MILFORD GARDENS |
| 11 Apr 2022 | £570,582 | £550,000 | 31 MILFORD GARDENS |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 27 Apr 2012. Using an estimated price of £371,600 means this house is valued at £6,756 per sq meter (£627 per sq foot).
The average size of a house on METHUEN CLOSE is 53 sq meters (577 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Overbrook Walk |