£277,865
This estimated value is based upon the latest sale price for the house of £240,000 on 9 Jul 2021. 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 |
|---|---|
| £240,000 | 9 Jul 2021 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 July 2021 the House Price Index for GREATER LONDON was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £240,000 results in an estimated price of approximately £277,865.
| 9 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £240,000 | £37,865 | £277,865 |
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 | 14.517 % | £34,841 | £274,841 |
| 3 Month Average | 6.900 % | £16,560 | £256,560 |
| 6 Month Average | -3.331 % | £-7,994 | £232,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2024 | £400,000 | £400,000 | FLAT 3 BROCK LOWER STRAND |
| 5 Jun 2023 | £448,998 | £440,000 | 8 CLAYTON LOWER STRAND |
| 20 Feb 2023 | £453,026 | £450,000 | 4 GREBE BROADHEAD STRAND |
| 16 Jan 2023 | £381,018 | £380,000 | 10 COBHAM GREAT STRAND |
| 30 Jul 2021 | £324,176 | £280,000 | 3 BEVERLEY LOWER STRAND |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 7 Dec 2020. Using an estimated price of £277,865 means this house is valued at £2,724 per sq meter (£253 per sq foot).
The average size of a house on LITTLE STRAND is 100 sq meters (1,077 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |