£311,428
This estimated value is based upon the latest sale price for the house of £179,000 on 25 May 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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70 Watling Avenue, Edgware, HA8 0LU
Phone: 02034783576
Price Paid | Date |
---|---|
£179,000 | 25 May 2011 |
£178,800 | 19 Sep 2007 |
£105,000 | 24 Aug 2001 |
£56,250 | 25 Nov 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £179,000 results in an estimated price of approximately £311,428.
25 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 73.982 % | £179,000 | £132,428 | £311,428 |
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 | 109.431 % | £195,881 | £374,881 |
3 Month Average | 100.519 % | £179,929 | £358,929 |
6 Month Average | 78.951 % | £141,321 | £320,321 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Dec 2023 | £180,548 | £175,000 | 15 BRADMAN ROW |
31 Oct 2022 | £285,048 | £286,000 | 4 GRACE CLOSE |
24 Oct 2022 | £234,218 | £235,000 | 22 PAVILION WAY |
5 Aug 2022 | £294,226 | £292,850 | 50 PAVILION WAY |
21 Jul 2022 | £224,247 | £222,000 | 3 GRACE CLOSE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 17 Jun 2011. Using an estimated price of £311,428 means this house is valued at £5,876 per sq meter (£545 per sq foot).
The average size of a house on PAVILION WAY is 45 sq meters (492 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Grace Close |
Apr 2024 | Other theft | Under investigation | On or near Grace Close |
Apr 2024 | Other crime | Under investigation | On or near Compton Close |