£720,203
This estimated value is based upon the latest sale price for the house of £402,500 on 14 Nov 2005. 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 |
|---|---|
| £402,500 | 14 Nov 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 November 2005 the House Price Index for GREATER LONDON was 82.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 78.933%.Applying this 78.933% change to the original purchase price of £402,500 results in an estimated price of approximately £720,203.
| 14 Nov 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 146.7 | 78.933 % | £402,500 | £317,703 | £720,203 |
The Postcode Pricing Model uses changes in average sales price within the NW2 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 | -48.039 % | £-193,356 | £209,143 |
| 3 Month Average | 88.306 % | £355,430 | £757,930 |
| 6 Month Average | 102.857 % | £413,999 | £816,499 |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 23 Aug 2014.
The average size of a house on SOMERTON ROAD is 81 sq meters (872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norwood Close |
| Jan 2024 | Drugs | Under investigation | On or near Kingweston Close |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Caddington Road |
| Dec 2023 | Burglary | Under investigation | On or near Caddington Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Kingweston Close |