£508,555
This estimated value is based upon the latest sale price for the house of £500,000 on 12 May 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 North Parade, Mollison Way, Edgware, HA8 5QH
Phone: 02034783575
Price Paid | Date |
---|---|
£500,000 | 12 May 2023 |
£282,500 | 15 Nov 2004 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 May 2023 the House Price Index for GREATER LONDON was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £500,000 results in an estimated price of approximately £508,555.
12 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.1 | 148.6 | 1.711 % | £500,000 | £8,555 | £508,555 |
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 | 49.445 % | £247,226 | £747,226 |
3 Month Average | -3.777 % | £-18,883 | £481,116 |
6 Month Average | 1.929 % | £9,644 | £509,644 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Nov 2022 | £138,324 | £140,000 | 228 DE HAVILLAND ROAD |
25 Mar 2022 | £580,307 | £560,000 | 12 KENMORE GARDENS |
28 Jun 2021 | £616,931 | £575,000 | 4 GORDON GARDENS |
26 Jun 2020 | £581,287 | £480,000 | 16 MOLLISON WAY |
8 Jun 2020 | £660,003 | £545,000 | 9 GORDON GARDENS |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 23 Nov 2021.
The average size of a house on THE HIGHLANDS is 109 sq meters (1,177 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gordon Gardens |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakleigh Avenue |