£607,770
This estimated value is based upon the latest sale price for the house of £600,000 on 8 Sep 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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41a Mill Lane, London, NW6 1NB
Phone: 02036419559
| Price Paid | Date |
|---|---|
| £600,000 | 8 Sep 2023 |
| £72,000 | 7 May 1998 |
| Terraced |
| Leasehold |
| Floor Area: 91 sq meters or 979 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 September 2023 the House Price Index for GREATER LONDON was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £600,000 results in an estimated price of approximately £607,770.
| 8 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £600,000 | £7,770 | £607,770 |
The Postcode Pricing Model uses changes in average sales price within the NW6 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 | 2.210 % | £13,260 | £613,260 |
| 3 Month Average | -31.791 % | £-190,748 | £409,251 |
| 6 Month Average | -7.002 % | £-42,011 | £557,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £607,771 | £600,000 | 70A MILL LANE |
| 20 Jan 2023 | £298,593 | £300,000 | 33J MILL LANE |
| 9 Aug 2022 | £1,446,107 | £1,450,000 | 1 HILLFIELD ROAD |
| 21 Feb 2022 | £1,420,981 | £1,355,000 | 20 RAVENSHAW STREET |
| 3 Feb 2022 | £30,853 | £29,420 | THE ALLIANCE, 40 MILL LANE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 16 Mar 2015. Using an estimated price of £607,771 means this house is valued at £6,678 per sq meter (£620 per sq foot).
The average size of a house on MILL LANE is 70 sq meters (762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mill Lane |
| Apr 2024 | Public order | Under investigation | On or near Mill Lane |
| Mar 2024 | Other theft | Under investigation | On or near Mill Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mill Lane |
| Mar 2024 | Other theft | Under investigation | On or near Mill Lane |