£488,392
This estimated value is based upon the latest sale price for the house of £310,000 on 28 Mar 2008. 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 |
|---|---|
| £310,000 | 28 Mar 2008 |
| £120,000 | 13 Jul 1998 |
| Semi-Detached |
| Freehold |
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 March 2008 the House Price Index for GREATER LONDON was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.546%.Applying this 57.546% change to the original purchase price of £310,000 results in an estimated price of approximately £488,392.
| 28 Mar 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.546 % | £310,000 | £178,392 | £488,392 |
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 | 124.903 % | £387,199 | £697,199 |
| 3 Month Average | 61.739 % | £191,389 | £501,389 |
| 6 Month Average | 68.708 % | £212,994 | £522,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2022 | £591,592 | £590,000 | 72 REDHILL DRIVE |
| 28 Feb 2022 | £791,764 | £755,000 | 1 MELROSE GARDENS |
| 10 Jun 2021 | £536,462 | £500,000 | 69 REDHILL DRIVE |
| 23 Oct 2020 | £762,504 | £650,000 | 65 STAG LANE |
| 7 Apr 2020 | £761,099 | £620,000 | 20 REDHILL DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Theft from the person | Under investigation | On or near Redhill Drive |