£560,039
This estimated value is based upon the latest sale price for the house of £450,000 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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845 Honeypot Lane, Stanmore, HA7 1AR
Phone: 02034638394
| Price Paid | Date |
|---|---|
| £450,000 | 29 Mar 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 90 sq meters or 968 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 March 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £450,000 results in an estimated price of approximately £560,039.
| 29 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £450,000 | £110,039 | £560,039 |
The Postcode Pricing Model uses changes in average sales price within the HA7 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 | 14.487 % | £65,189 | £515,189 |
| 3 Month Average | -0.899 % | £-4,046 | £445,953 |
| 6 Month Average | 3.341 % | £15,034 | £465,034 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £450,226 | £440,000 | 6 AMBER HOUSE HONEYPOT LANE |
| 29 Sep 2023 | £331,712 | £324,400 | 13 SOVEREIGN COURT UNWIN WAY |
| 5 Apr 2023 | £458,577 | £450,000 | 8 AMBER HOUSE HONEYPOT LANE |
| 26 Nov 2020 | £379,579 | £325,000 | 913 HONEYPOT LANE |
| 7 Aug 2020 | £404,661 | £335,000 | 3 HENRY COURT UNWIN WAY |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 23 Feb 2019. Using an estimated price of £560,040 means this house is valued at £6,222 per sq meter (£578 per sq foot).
The average size of a house on HONEYPOT LANE is 59 sq meters (638 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bramble Close |
| Apr 2024 | Burglary | Under investigation | On or near Brick Lane |
| Apr 2024 | Other theft | Under investigation | On or near Letchworth Road |
| Apr 2024 | Burglary | Under investigation | On or near Maychurch Close |
| Apr 2024 | Drugs | Under investigation | On or near Longcrofte Road |