£301,821
This estimated value is based upon the latest sale price for the house of £58,000 on 23 May 1997. 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 |
---|---|
£58,000 | 23 May 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 95 sq meters or 1,022 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 May 1997 the House Price Index for GREATER LONDON was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £58,000 results in an estimated price of approximately £301,821.
23 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.8 | 149.7 | 420.381 % | £58,000 | £243,821 | £301,821 |
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 | 448.431 % | £260,089 | £318,089 |
3 Month Average | 424.711 % | £246,332 | £304,332 |
6 Month Average | 376.378 % | £218,298 | £276,298 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 May 2024 | £380,000 | £380,000 | FLAT 5 UCAR HOUSE, 104B BURNT OAK BROADWAY |
11 Dec 2023 | £567,436 | £550,000 | 1 OAK GARDENS |
30 Nov 2023 | £456,590 | £445,000 | 4 GASKARTH ROAD |
11 Oct 2022 | £139,534 | £140,000 | 21A WATLING AVENUE |
23 Sep 2022 | £404,730 | £405,000 | FLAT 8 UCAR HOUSE, 104B BURNT OAK BROADWAY |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 23 Jul 2017. Using an estimated price of £301,821 means this house is valued at £3,177 per sq meter (£295 per sq foot).
The average size of a house on BURNT OAK BROADWAY is 66 sq meters (717 sq feet).