£457,056
This estimated value is based upon the latest sale price for the house of £346,000 on 22 Dec 2016. 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 |
|---|---|
| £346,000 | 22 Dec 2016 |
| 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 December 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £346,000 results in an estimated price of approximately £457,056.
| 22 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £346,000 | £111,056 | £457,056 |
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 | 44.126 % | £152,675 | £498,675 |
| 3 Month Average | 57.849 % | £200,157 | £546,157 |
| 6 Month Average | 33.799 % | £116,944 | £462,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2022 | £286,116 | £280,000 | 16 ABBOTS ROAD |
| 7 Apr 2022 | £383,846 | £370,000 | 87 COLCHESTER ROAD |
| 14 Dec 2021 | £469,499 | £435,000 | 113 COLCHESTER ROAD |
| 29 Nov 2021 | £446,703 | £410,000 | 31 ABBOTS ROAD |
| 28 Jun 2021 | £572,859 | £530,000 | 24 NORWICH WALK |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 19 Sep 2016. Using an estimated price of £457,057 means this house is valued at £7,031 per sq meter (£653 per sq foot).
The average size of a house on COLCHESTER ROAD is 71 sq meters (772 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Langham Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Langham Gardens |