£585,986
This estimated value is based upon the latest sale price for the house of £450,000 on 4 Apr 2017. 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 |
|---|---|
| £450,000 | 4 Apr 2017 |
| £178,000 | 13 Feb 2006 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 April 2017 the House Price Index for GREATER LONDON was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £450,000 results in an estimated price of approximately £585,986.
| 4 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £450,000 | £135,986 | £585,986 |
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 | 18.404 % | £82,816 | £532,816 |
| 3 Month Average | 2.677 % | £12,044 | £462,044 |
| 6 Month Average | 19.066 % | £85,795 | £535,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Sep 2024 | £550,000 | £550,000 | 3 MOLLISON WAY |
| 5 Apr 2024 | £610,300 | £605,000 | 166 DE HAVILLAND ROAD |
| 22 Mar 2024 | £502,724 | £495,000 | 32 MOLLISON WAY |
| 20 Dec 2023 | £515,851 | £500,000 | 60 DE HAVILLAND ROAD |
| 29 Jun 2022 | £756,164 | £740,000 | 94 MOLLISON WAY |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 16 Dec 2015. Using an estimated price of £585,986 means this house is valued at £9,015 per sq meter (£837 per sq foot).
The average size of a house on DE HAVILLAND ROAD is 84 sq meters (907 sq feet).