£641,760
This estimated value is based upon the latest sale price for the house of £518,000 on 11 Jun 2018. 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 |
|---|---|
| £518,000 | 11 Jun 2018 |
| £365,000 | 3 Apr 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 June 2018 the House Price Index for GREATER LONDON was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £518,000 results in an estimated price of approximately £641,760.
| 11 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £518,000 | £123,760 | £641,760 |
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 | 105.696 % | £547,502 | £1,065,502 |
| 3 Month Average | -5.499 % | £-28,483 | £489,516 |
| 6 Month Average | 5.878 % | £30,448 | £548,448 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2023 | £402,174 | £400,000 | FLAT 30 BANTAM HOUSE, 6 HERITAGE AVENUE |
| 27 Apr 2022 | £370,769 | £361,500 | FLAT 5 BRIGADIER HOUSE, 12 HERITAGE AVENUE |
| 4 Feb 2022 | £467,918 | £448,000 | FLAT 27 BANTAM HOUSE, 6 HERITAGE AVENUE |
| 25 Aug 2021 | £725,117 | £652,605 | UNIT 8 BLOCK B3/B4 HERITAGE AVENUE |
| 10 Sep 2019 | £235,133 | £192,415 | FLAT 40 BANTAM HOUSE, 6 HERITAGE AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 1 Feb 2017. Using an estimated price of £641,760 means this house is valued at £8,556 per sq meter (£794 per sq foot).
The average size of a house on HERITAGE AVENUE is 57 sq meters (619 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Heritage Avenue |
| Apr 2024 | Public order | Under investigation | On or near Heritage Avenue |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Heritage Avenue |
| Mar 2024 | Anti-social behaviour | On or near Heritage Avenue | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Heritage Avenue |