£544,759
This estimated value is based upon the latest sale price for the house of £500,000 on 29 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 North Parade, Mollison Way, Edgware, HA8 5QH
Phone: 02034783575
Price Paid | Date |
---|---|
£500,000 | 29 Nov 2021 |
Semi-Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £500,000 results in an estimated price of approximately £544,759.
29 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £500,000 | £44,759 | £544,759 |
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 | 15.871 % | £79,354 | £579,354 |
3 Month Average | 40.972 % | £204,859 | £704,859 |
6 Month Average | -2.533 % | £-12,662 | £487,337 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £538,270 | £530,000 | 99 ORCHARD GROVE |
29 Nov 2023 | £358,090 | £349,000 | 39 NORTHOLME GARDENS |
14 Jun 2022 | £582,450 | £570,000 | 30 NORTHOLME GARDENS |
26 Apr 2022 | £497,963 | £480,000 | 79 ORCHARD GROVE |
29 Nov 2021 | £544,760 | £500,000 | 91 BROOMGROVE GARDENS |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 21 May 2021. Using an estimated price of £544,760 means this house is valued at £5,502 per sq meter (£511 per sq foot).
The average size of a house on BROOMGROVE GARDENS is 89 sq meters (963 sq feet).