£1,207,663
This estimated value is based upon the latest sale price for the house of £980,000 on 25 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Wessex Gardens
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15 Pennine Parade, Pennine Drive, London, NW2 1NT
Phone: 02080223971
| Price Paid | Date |
|---|---|
| £980,000 | 25 Oct 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 October 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £980,000 results in an estimated price of approximately £1,207,663.
| 25 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £980,000 | £227,663 | £1,207,663 |
The Postcode Pricing Model uses changes in average sales price within the NW11 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 | 5.365 % | £52,577 | £1,032,577 |
| 3 Month Average | -15.870 % | £-155,523 | £824,476 |
| 6 Month Average | 8.391 % | £82,231 | £1,062,231 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £685,143 | £675,000 | 135 WOODSTOCK AVENUE |
| 11 Sep 2023 | £1,040,808 | £1,027,500 | 30 RIDGE HILL |
| 7 Sep 2023 | £769,843 | £760,000 | 221 HENDON WAY |
| 7 Sep 2023 | £435,569 | £430,000 | 221A HENDON WAY |
| 12 Jul 2023 | £1,687,715 | £1,665,000 | 47 RIDGE HILL |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 17 May 2018. Using an estimated price of £1,207,663 means this house is valued at £10,593 per sq meter (£984 per sq foot).
The average size of a house on WESSEX GARDENS is 166 sq meters (1,789 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Wessex Gardens |
| Mar 2024 | Burglary | Under investigation | On or near Wessex Gardens |
| Mar 2024 | Robbery | Under investigation | On or near Wessex Way |
| Feb 2024 | Vehicle crime | Under investigation | On or near Wessex Way |
| Feb 2024 | Drugs | Under investigation | On or near Wessex Way |