£625,894
This estimated value is based upon the latest sale price for the house of £365,000 on 20 Jul 2012. 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 |
|---|---|
| £365,000 | 20 Jul 2012 |
| £240,000 | 21 Feb 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 July 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £365,000 results in an estimated price of approximately £625,894.
| 20 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £365,000 | £260,894 | £625,894 |
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 | 71.659 % | £261,553 | £626,553 |
| 3 Month Average | 103.015 % | £376,004 | £741,004 |
| 6 Month Average | 74.148 % | £270,639 | £635,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £614,440 | £605,000 | 57 AXHOLME AVENUE |
| 14 Dec 2023 | £680,923 | £660,000 | 107 AXHOLME AVENUE |
| 10 Nov 2023 | £589,976 | £575,000 | 68 AXHOLME AVENUE |
| 30 Jun 2023 | £688,804 | £675,000 | 1A BACON LANE |
| 28 Jun 2023 | £717,376 | £703,000 | 1 BACON LANE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 10 May 2012. Using an estimated price of £625,894 means this house is valued at £6,076 per sq meter (£564 per sq foot).
The average size of a house on THE CHASE is 103 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Axholme Avenue |
| Apr 2024 | Anti-social behaviour | On or near Greencourt Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Greencourt Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Greencourt Avenue |