£3,242,034
This estimated value is based upon the latest sale price for the house of £586,500 on 18 Oct 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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20 The Market Place, NW11 6JJ
Phone: 02036414303
Price Paid | Date |
---|---|
£586,500 | 18 Oct 1996 |
Detached |
Leasehold |
Floor Area: 210 sq meters or 2,260 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 1996 the House Price Index for GREATER LONDON was 27.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 452.776%.Applying this 452.776% change to the original purchase price of £586,500 results in an estimated price of approximately £3,242,034.
18 Oct 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.1 | 149.7 | 452.776 % | £586,500 | £2,655,534 | £3,242,034 |
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 | 473.860 % | £2,779,187 | £3,365,687 |
3 Month Average | 395.343 % | £2,318,686 | £2,905,186 |
6 Month Average | 575.646 % | £3,376,166 | £3,962,666 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2024 | £3,400,000 | £3,400,000 | 1 CONSTABLE CLOSE |
13 Dec 2023 | £2,360,535 | £2,288,000 | 3 RAEBURN CLOSE |
31 Aug 2023 | £315,694 | £310,000 | FLAT 42 MEADWAY COURT MEADWAY |
14 Apr 2023 | £2,904,323 | £2,850,000 | 15 RAEBURN CLOSE |
8 Mar 2023 | £357,216 | £351,250 | FLAT 20 MEADWAY COURT MEADWAY |
This house has a floor area of 210 sq meters or 2,260 sq feet when measured on 10 Feb 2014. Using an estimated price of £3,242,034 means this house is valued at £15,438 per sq meter (£1,434 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Constable Close | |
Jul 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Constable Close |
Sep 2024 | Anti-social behaviour | On or near Cotman Close | |
Sep 2024 | Anti-social behaviour | On or near Cotman Close | |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Cotman Close |