£481,178
This estimated value is based upon the latest sale price for the house of £423,000 on 6 Apr 2021. 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 Gilbert Grove
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70 Watling Avenue, Edgware, HA8 0LU
Phone: 02034783576
| Price Paid | Date |
|---|---|
| £423,000 | 6 Apr 2021 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 April 2021 the House Price Index for GREATER LONDON was 131.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.754%.Applying this 13.754% change to the original purchase price of £423,000 results in an estimated price of approximately £481,178.
| 6 Apr 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 149.7 | 13.754 % | £423,000 | £58,178 | £481,178 |
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 | 13.993 % | £59,189 | £482,189 |
| 3 Month Average | 17.893 % | £75,685 | £498,685 |
| 6 Month Average | 14.383 % | £60,838 | £483,838 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2024 | £420,000 | £420,000 | 4 COLCHESTER ROAD |
| 11 Apr 2023 | £422,910 | £415,000 | 11 GERVASE ROAD |
| 25 Jan 2023 | £511,366 | £510,000 | 142 WATLING AVENUE |
| 8 Jul 2022 | £461,626 | £457,000 | 7 COLCHESTER ROAD |
| 6 Apr 2021 | £481,179 | £423,000 | 5 FORTESCUE ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 2 Dec 2019. Using an estimated price of £481,179 means this house is valued at £5,530 per sq meter (£513 per sq foot).
The average size of a house on FORTESCUE ROAD is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Gilbert Grove |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Gilbert Grove |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Gilbert Grove |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Gilbert Grove |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gilbert Grove |