£1,330,869
This estimated value is based upon the latest sale price for the house of £845,500 on 18 Mar 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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292 - 294 Hale Lane, Edgware, HA8 8NP
Phone: 02036417288
| Price Paid | Date |
|---|---|
| £845,500 | 18 Mar 2014 |
| Detached |
| Freehold |
| Floor Area: 191 sq meters or 2,055 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 March 2014 the House Price Index for GREATER LONDON was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £845,500 results in an estimated price of approximately £1,330,869.
| 18 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £845,500 | £485,369 | £1,330,869 |
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 | 78.887 % | £666,988 | £1,512,488 |
| 3 Month Average | 38.921 % | £329,077 | £1,174,577 |
| 6 Month Average | 51.023 % | £431,398 | £1,276,898 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £740,970 | £730,000 | 10 THE DRIVE |
| 29 Jun 2023 | £1,548,760 | £1,530,000 | 12 MOWBRAY ROAD |
| 20 Jun 2023 | £1,619,619 | £1,600,000 | 23 THE RISE |
| 20 Apr 2023 | £917,378 | £907,500 | 26 THE DRIVE |
| 22 Jul 2022 | £817,200 | £815,000 | 2 THE DRIVE |
This house has a floor area of 191 sq meters or 2,055 sq feet when measured on 9 May 2012. Using an estimated price of £1,330,870 means this house is valued at £6,967 per sq meter (£647 per sq foot).
The average size of a house on THE DRIVE is 156 sq meters (1,687 sq feet).