£647,159
This estimated value is based upon the latest sale price for the house of £482,500 on 31 Aug 2016. 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 |
---|---|
£482,500 | 31 Aug 2016 |
£176,000 | 25 Aug 2000 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 August 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £482,500 results in an estimated price of approximately £647,159.
31 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £482,500 | £164,659 | £647,159 |
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 | 40.544 % | £195,623 | £678,123 |
3 Month Average | 41.803 % | £201,699 | £684,199 |
6 Month Average | 26.393 % | £127,344 | £609,844 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £550,638 | £538,500 | 30 NOLTON PLACE |
7 Feb 2023 | £765,111 | £760,000 | 43 PRESCELLY PLACE |
3 Oct 2022 | £543,186 | £545,000 | 12 ROCH AVENUE |
22 Dec 2021 | £582,826 | £540,000 | 12 NOLTON PLACE |
22 Oct 2021 | £596,348 | £535,000 | 13 PRESCELLY PLACE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 14 Apr 2015. Using an estimated price of £647,159 means this house is valued at £7,271 per sq meter (£675 per sq foot).
The average size of a house on NOLTON PLACE is 81 sq meters (873 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Haverford Way |
Apr 2024 | Drugs | Under investigation | On or near Camrose Avenue |