£282,468
This estimated value is based upon the latest sale price for the house of £50,000 on 10 Jan 1996. 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 |
---|---|
£50,000 | 10 Jan 1996 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 January 1996 the House Price Index for GREATER LONDON was 26.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 464.938%.Applying this 464.938% change to the original purchase price of £50,000 results in an estimated price of approximately £282,468.
10 Jan 1996 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.2 | 148.0 | 464.938 % | £50,000 | £232,468 | £282,468 |
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 | 671.887 % | £335,943 | £385,943 |
3 Month Average | 409.249 % | £204,624 | £254,624 |
6 Month Average | 407.581 % | £203,790 | £253,790 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2022 | £335,559 | £341,000 | 109 SCOTT ROAD |
1 Apr 2022 | £512,769 | £499,950 | 13 MOLLISON WAY |
23 Nov 2021 | £522,416 | £485,000 | 96 DE HAVILLAND ROAD |
8 Sep 2020 | £461,209 | £390,000 | 45 MOLLISON WAY |
19 Jun 2020 | £319,623 | £265,000 | 148 DE HAVILLAND ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 29 Aug 2013. Using an estimated price of £282,469 means this house is valued at £3,817 per sq meter (£354 per sq foot).
The average size of a house on DE HAVILLAND ROAD is 84 sq meters (907 sq feet).