£473,665
This estimated value is based upon the latest sale price for the house of £243,000 on 30 Jul 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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43 South Parade, Mollison Way, Edgware, HA8 5QL
Phone: 02035447953
| Price Paid | Date |
|---|---|
| £243,000 | 30 Jul 2004 |
| £100,000 | 30 Mar 1999 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2004 the House Price Index for GREATER LONDON was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £243,000 results in an estimated price of approximately £473,665.
| 30 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £243,000 | £230,665 | £473,665 |
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 | 143.248 % | £348,093 | £591,093 |
| 3 Month Average | 78.334 % | £190,352 | £433,352 |
| 6 Month Average | 95.139 % | £231,188 | £474,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2022 | £750,608 | £740,000 | 94 MOLLISON WAY |
| 1 Apr 2022 | £514,848 | £499,950 | 13 MOLLISON WAY |
| 2 Dec 2021 | £546,402 | £510,000 | 62 MOLLISON WAY |
| 23 Nov 2021 | £524,534 | £485,000 | 96 DE HAVILLAND ROAD |
| 5 Mar 2021 | £250,193 | £224,770 | 28 DE HAVILLAND ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 15 Oct 2015. Using an estimated price of £473,666 means this house is valued at £7,176 per sq meter (£666 per sq foot).
The average size of a house on DE HAVILLAND ROAD is 84 sq meters (907 sq feet).