£401,014
This estimated value is based upon the latest sale price for the house of £320,000 on 23 Mar 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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388 Neasden Lane North, NW10 0BT
Phone: 02035446091
Price Paid | Date |
---|---|
£320,000 | 23 Mar 2018 |
£113,000 | 24 Nov 2000 |
£68,950 | 5 Jun 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 2018 the House Price Index for GREATER LONDON was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £320,000 results in an estimated price of approximately £401,014.
23 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 148.6 | 25.317 % | £320,000 | £81,014 | £401,014 |
The Postcode Pricing Model uses changes in average sales price within the NW10 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 | 113.981 % | £364,739 | £684,739 |
3 Month Average | 37.727 % | £120,727 | £440,727 |
6 Month Average | 26.368 % | £84,377 | £404,377 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Aug 2023 | £59,521 | £59,000 | 228 NORTH CIRCULAR ROAD |
5 Mar 2021 | £378,457 | £340,000 | 14 KINGFISHER WAY |
14 Aug 2020 | £237,415 | £198,000 | 16 KESTREL CLOSE |
17 Dec 2019 | £325,093 | £265,000 | FLAT 2 TEAL COURT ELGAR AVENUE |
1 Nov 2019 | £398,595 | £325,000 | 11 KESTREL CLOSE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 26 Apr 2018. Using an estimated price of £401,014 means this house is valued at £7,566 per sq meter (£702 per sq foot).
The average size of a house on KINGFISHER WAY is 49 sq meters (530 sq feet).