£265,653
This estimated value is based upon the latest sale price for the house of £216,000 on 24 Sep 2018. 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 |
|---|---|
| £216,000 | 24 Sep 2018 |
| £43,000 | 15 Nov 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 502 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 September 2018 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £216,000 results in an estimated price of approximately £265,653.
| 24 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 22.988 % | £216,000 | £49,653 | £265,653 |
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 | 88.379 % | £190,897 | £406,897 |
| 3 Month Average | -1.954 % | £-4,219 | £211,780 |
| 6 Month Average | 9.035 % | £19,514 | £235,514 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £280,303 | £275,000 | FLAT 33 GAUNTLET FIVE ACRE |
| 22 Sep 2021 | £273,677 | £255,000 | FLAT 29 GAUNTLET FIVE ACRE |
| 18 Nov 2020 | £473,416 | £410,000 | FLAT 32 CASA COURT, 4 BRISTOL AVENUE |
| 22 Sep 2020 | £2,344,517 | £1,982,532 | FLAT 3 JAGUAR COURT, 19 PERCIVAL AVENUE |
| 22 Sep 2020 | £9,292,297 | £7,857,599 | 11 PANAVIA COURT, 9 BRISTOL AVENUE |
This house has a floor area of 46 sq meters or 502 sq feet when measured on 1 Apr 2010. Using an estimated price of £265,654 means this house is valued at £5,689 per sq meter (£528 per sq foot).
The average size of a house on HUNDRED ACRE is 82 sq meters (887 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (502 sq feet).