£304,704
This estimated value is based upon the latest sale price for the house of £165,000 on 5 Aug 2005. 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 |
|---|---|
| £165,000 | 5 Aug 2005 |
| Terraced |
| Freehold |
| 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 August 2005 the House Price Index for GREATER LONDON was 81.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.670%.Applying this 84.670% change to the original purchase price of £165,000 results in an estimated price of approximately £304,704.
| 5 Aug 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 149.7 | 84.670 % | £165,000 | £139,704 | £304,704 |
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 | 73.967 % | £122,046 | £287,046 |
| 3 Month Average | 112.766 % | £186,063 | £351,063 |
| 6 Month Average | 97.497 % | £160,870 | £325,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2024 | £400,000 | £400,000 | FLAT 3 BROCK LOWER STRAND |
| 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 |
| 11 Apr 2023 | £692,961 | £680,000 | 11 HEATH PARADE GRAHAME PARK WAY |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 24 Jan 2020. Using an estimated price of £304,705 means this house is valued at £3,385 per sq meter (£314 per sq foot).
The average size of a house on GREAT STRAND is 100 sq meters (1,083 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Great Strand | |
| Sep 2024 | Anti-social behaviour | On or near Great Strand | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Little Strand |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Little Strand |