£432,390
This estimated value is based upon the latest sale price for the house of £350,000 on 1 Oct 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Heritage Avenue, London, NW9 5FW
Phone: 02035446843
| Price Paid | Date |
|---|---|
| £350,000 | 1 Oct 2019 |
| £155,000 | 23 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £350,000 results in an estimated price of approximately £432,390.
| 1 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £350,000 | £82,390 | £432,390 |
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 | 6.153 % | £21,535 | £371,535 |
| 3 Month Average | 12.918 % | £45,213 | £395,213 |
| 6 Month Average | -7.932 % | £-27,761 | £322,238 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £405,288 | £395,000 | FLAT 6 HEWLETT COURT 13 HEATH PARADE GRAHAME PARK WAY |
| 4 Aug 2023 | £386,980 | £380,000 | FLAT 19 BADER COURT, 2 RUNWAY CLOSE |
| 5 Jun 2023 | £448,998 | £440,000 | 8 CLAYTON LOWER STRAND |
| 18 Jan 2023 | £340,911 | £340,000 | FLAT 4 BADER COURT, 2 RUNWAY CLOSE |
| 16 Jan 2023 | £381,018 | £380,000 | 10 COBHAM GREAT STRAND |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 22 Oct 2013. Using an estimated price of £432,390 means this house is valued at £4,858 per sq meter (£451 per sq foot).
The average size of a house on LOWER STRAND is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Little Strand |