£385,328
This estimated value is based upon the latest sale price for the house of £243,000 on 21 Mar 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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297 Hale Lane, Edgware, HA8 7AX
Phone: 02036411478
Price Paid | Date |
---|---|
£243,000 | 21 Mar 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 2014 the House Price Index for GREATER LONDON was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £243,000 results in an estimated price of approximately £385,328.
21 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 149.7 | 58.571 % | £243,000 | £142,328 | £385,328 |
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 | 62.106 % | £150,918 | £393,918 |
3 Month Average | 81.839 % | £198,867 | £441,867 |
6 Month Average | 53.434 % | £129,845 | £372,845 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2023 | £725,927 | £707,500 | 134 ST MARGARETS ROAD |
3 Aug 2023 | £757,665 | £744,000 | 73 BROOK AVENUE |
27 Mar 2023 | £894,946 | £880,000 | 25 ST MARGARETS ROAD |
31 Mar 2022 | £537,626 | £515,000 | 87 BROOK AVENUE |
24 Feb 2022 | £686,697 | £650,000 | 59 BROOK AVENUE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 20 Feb 2013. Using an estimated price of £385,329 means this house is valued at £8,562 per sq meter (£795 per sq foot).
The average size of a house on BROOK AVENUE is 93 sq meters (1,002 sq feet).