£486,038
This estimated value is based upon the latest sale price for the house of £475,000 on 9 Oct 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Parson Street, London, NW4 1QD
Phone: 02036414223
Price Paid | Date |
---|---|
£475,000 | 9 Oct 2023 |
£480,000 | 11 Oct 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 76 sq meters or 818 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 2023 the House Price Index for GREATER LONDON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £475,000 results in an estimated price of approximately £486,038.
9 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £475,000 | £11,038 | £486,038 |
The Postcode Pricing Model uses changes in average sales price within the NW4 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 | 2.392 % | £11,360 | £486,360 |
3 Month Average | 2.609 % | £12,393 | £487,393 |
6 Month Average | -2.582 % | £-12,264 | £462,735 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Oct 2023 | £486,039 | £475,000 | FLAT 10 COLEMAN COURT, 2 HOPE CLOSE |
15 Sep 2023 | £460,143 | £450,000 | FLAT 2 ALBION COURT, 5 HOPE CLOSE |
10 Aug 2022 | £462,161 | £460,000 | FLAT 2 EPSOM COURT, 4 HOPE CLOSE |
20 Jul 2022 | £313,138 | £310,000 | FLAT 2 CONIFER COURT, 205 GREAT NORTH WAY |
28 Jun 2022 | £301,444 | £295,000 | FLAT 8 CONIFER COURT, 205 GREAT NORTH WAY |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 2 Sep 2016. Using an estimated price of £486,039 means this house is valued at £6,395 per sq meter (£594 per sq foot).
The average size of a house on HOPE CLOSE is 84 sq meters (914 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hope Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hope Close |
Apr 2024 | Drugs | Under investigation | On or near Hope Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hope Close |
Apr 2024 | Drugs | Under investigation | On or near Hope Close |