£361,471
This estimated value is based upon the latest sale price for the house of £280,050 on 12 Jun 2017. 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 |
---|---|
£280,050 | 12 Jun 2017 |
£175,000 | 26 Mar 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 June 2017 the House Price Index for GREATER LONDON was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £280,050 results in an estimated price of approximately £361,471.
12 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £280,050 | £81,421 | £361,471 |
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 | 44.883 % | £125,694 | £405,744 |
3 Month Average | 67.653 % | £189,463 | £469,513 |
6 Month Average | 23.918 % | £66,983 | £347,033 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £514,275 | £505,000 | 32 ORANGE HILL ROAD |
8 Jul 2022 | £461,626 | £457,000 | 7 COLCHESTER ROAD |
7 Apr 2022 | £383,846 | £370,000 | 87 COLCHESTER ROAD |
14 Dec 2021 | £469,499 | £435,000 | 113 COLCHESTER ROAD |
28 Jun 2021 | £572,859 | £530,000 | 24 NORWICH WALK |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 22 Mar 2017. Using an estimated price of £361,472 means this house is valued at £6,454 per sq meter (£599 per sq foot).
The average size of a house on COLCHESTER ROAD is 71 sq meters (772 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Gilbert Grove |
Apr 2024 | Burglary | Under investigation | On or near Nurse Close |