£686,818
This estimated value is based upon the latest sale price for the house of £430,000 on 31 Jan 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Whitchurch Parade, Whitchurch Lane, Edgeware, HA8 6LR
Phone: 02036414425
| Price Paid | Date |
|---|---|
| £430,000 | 31 Jan 2014 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 January 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £430,000 results in an estimated price of approximately £686,818.
| 31 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £430,000 | £256,818 | £686,818 |
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 | 102.825 % | £442,146 | £872,146 |
| 3 Month Average | 46.553 % | £200,178 | £630,178 |
| 6 Month Average | 52.169 % | £224,326 | £654,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £569,973 | £560,000 | 31 MONTGOMERY ROAD |
| 22 Aug 2023 | £2,219,416 | £2,200,000 | 53 DORSET DRIVE |
| 21 Aug 2023 | £2,017,651 | £2,000,000 | 11 DORSET DRIVE |
| 26 Jun 2023 | £288,495 | £285,000 | 8 GRAHAM LODGE MONTGOMERY ROAD |
| 28 Feb 2023 | £362,351 | £362,595 | 3 HAMPSHIRE HOUSE STRATTON CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 15 Nov 2013. Using an estimated price of £686,819 means this house is valued at £8,805 per sq meter (£818 per sq foot).
The average size of a house on MONTGOMERY ROAD is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gresham Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Churchill Road |