£697,129
This estimated value is based upon the latest sale price for the house of £500,000 on 15 Dec 2015. 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 |
|---|---|
| £500,000 | 15 Dec 2015 |
| £238,000 | 24 Jan 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 December 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £500,000 results in an estimated price of approximately £697,129.
| 15 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £500,000 | £197,129 | £697,129 |
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 | 32.302 % | £161,507 | £661,507 |
| 3 Month Average | 49.059 % | £245,292 | £745,292 |
| 6 Month Average | 28.592 % | £142,958 | £642,958 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2024 | £540,000 | £540,000 | 74 THE CHASE |
| 12 Apr 2023 | £672,580 | £660,000 | 49 THE CHASE |
| 27 Feb 2023 | £569,806 | £566,000 | 26 THE CHASE |
| 6 May 2022 | £462,037 | £450,000 | 15 GREENCOURT AVENUE |
| 11 Dec 2020 | £622,041 | £538,000 | 18 THE CHASE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 25 Sep 2015. Using an estimated price of £697,129 means this house is valued at £7,921 per sq meter (£735 per sq foot).
The average size of a house on THE CHASE is 103 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Vancouver Road |