£1,324,428
This estimated value is based upon the latest sale price for the house of £1,080,000 on 30 Oct 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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15 Pennine Parade, Pennine Drive, London, NW2 1NT
Phone: 02080223971
| Price Paid | Date |
|---|---|
| £1,080,000 | 30 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 176 sq meters or 1,894 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £1,080,000 results in an estimated price of approximately £1,324,428.
| 30 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £1,080,000 | £244,428 | £1,324,428 |
The Postcode Pricing Model uses changes in average sales price within the NW11 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 | -8.016 % | £-86,571 | £993,428 |
| 3 Month Average | -5.849 % | £-63,168 | £1,016,831 |
| 6 Month Average | 21.508 % | £232,288 | £1,312,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £524,589 | £520,000 | FLAT 14 SUNFLOWER COURT, 173 GRANVILLE ROAD |
| 22 Jun 2023 | £508,155 | £502,000 | FLAT 22 SUNFLOWER COURT, 173 GRANVILLE ROAD |
| 14 Apr 2023 | £1,187,789 | £1,175,000 | 60 THE VALE |
| 2 Feb 2023 | £514,654 | £515,000 | FLAT 27 SUNFLOWER COURT, 173 GRANVILLE ROAD |
| 1 Feb 2023 | £1,798,790 | £1,800,000 | 49 BASING HILL |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 13 Nov 2018. Using an estimated price of £1,324,429 means this house is valued at £7,525 per sq meter (£699 per sq foot).
The average size of a house on THE VALE is 126 sq meters (1,362 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near The Vale |
| Apr 2024 | Anti-social behaviour | On or near The Vale | |
| Apr 2024 | Vehicle crime | Under investigation | On or near The Vale |
| Apr 2024 | Vehicle crime | Under investigation | On or near The Vale |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Vale |