£545,838
This estimated value is based upon the latest sale price for the house of £425,000 on 10 Jul 2017. 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 |
|---|---|
| £425,000 | 10 Jul 2017 |
| £177,000 | 26 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 808 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 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £425,000 results in an estimated price of approximately £545,838.
| 10 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £425,000 | £120,838 | £545,838 |
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 | 14.716 % | £62,544 | £487,544 |
| 3 Month Average | 38.032 % | £161,636 | £586,636 |
| 6 Month Average | 12.476 % | £53,023 | £478,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jul 2024 | £535,000 | £535,000 | 176 MOLLISON WAY |
| 5 Apr 2024 | £423,679 | £420,000 | 9 CHELSEA CLOSE |
| 8 Aug 2023 | £529,551 | £520,000 | 52 GAINSBOROUGH GARDENS |
| 30 Jun 2023 | £551,043 | £540,000 | 67 WHISTLER GARDENS |
| 18 Mar 2022 | £600,261 | £575,000 | 59 GAINSBOROUGH GARDENS |
This house has a floor area of 75 sq meters or 808 sq feet when measured on 16 Mar 2011. Using an estimated price of £545,839 means this house is valued at £7,267 per sq meter (£675 per sq foot).
The average size of a house on GAINSBOROUGH GARDENS is 93 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gainsborough Gardens |