£528,598
This estimated value is based upon the latest sale price for the house of £395,000 on 16 Sep 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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8 Aerodrome Road, London, NW9 5GW
Phone: 02036415134
| Price Paid | Date |
|---|---|
| £395,000 | 16 Sep 2016 |
| £257,000 | 23 Apr 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 September 2016 the House Price Index for GREATER LONDON was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £395,000 results in an estimated price of approximately £528,598.
| 16 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £395,000 | £133,598 | £528,598 |
The Postcode Pricing Model uses changes in average sales price within the NW9 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 | 10.281 % | £40,611 | £435,611 |
| 3 Month Average | 17.246 % | £68,119 | £463,119 |
| 6 Month Average | 5.015 % | £19,810 | £414,810 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2022 | £429,174 | £420,000 | FLAT 6 ELECTRA COURT 4 HEATH PARADE GRAHAME PARK WAY |
| 10 Sep 2021 | £240,996 | £222,000 | FLAT 18 GOOSANDER COURT, 1 RAVEN CLOSE |
| 29 Apr 2021 | £292,347 | £257,000 | FLAT 20 BILLROTH COURT, 3 MORNINGTON CLOSE |
| 14 Jul 2020 | £225,358 | £185,000 | FLAT 10 MAVIS COURT, 4 RAVEN CLOSE |
| 30 Jun 2020 | £140,298 | £115,000 | FLAT 7 ELECTRA COURT 4 HEATH PARADE GRAHAME PARK WAY |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 25 Oct 2012. Using an estimated price of £528,599 means this house is valued at £7,445 per sq meter (£691 per sq foot).
The average size of a house on MORNINGTON CLOSE is 64 sq meters (689 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Cottenham Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cottenham Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cottenham Drive |
| Oct 2024 | Other crime | Under investigation | On or near Cottenham Drive |
| Oct 2024 | Anti-social behaviour | On or near Cottenham Drive |