£489,363
This estimated value is based upon the latest sale price for the house of £377,500 on 2 May 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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292 - 294 Hale Lane, Edgware, HA8 8NP
Phone: 02036417288
| Price Paid | Date |
|---|---|
| £377,500 | 2 May 2017 |
| £239,000 | 5 Nov 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 91 sq meters or 979 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 May 2017 the House Price Index for GREATER LONDON was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £377,500 results in an estimated price of approximately £489,363.
| 2 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £377,500 | £111,863 | £489,363 |
The Postcode Pricing Model uses changes in average sales price within the HA8 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 | 106.325 % | £401,376 | £778,876 |
| 3 Month Average | 43.127 % | £162,802 | £540,302 |
| 6 Month Average | 18.200 % | £68,703 | £446,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £355,461 | £350,000 | FLAT 7 ORION COURT, 255 HALE LANE |
| 6 Nov 2023 | £492,502 | £480,000 | 8 KENLOR COURT HEATHER WALK |
| 1 Nov 2023 | £1,333,859 | £1,300,000 | 20 PENSHURST GARDENS |
| 12 Oct 2023 | £459,946 | £449,500 | FLAT 11 ABBEY COURT, 270 HALE LANE |
| 17 Feb 2023 | £1,209,077 | £1,201,000 | 18 BROADFIELDS AVENUE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 7 Jun 2016. Using an estimated price of £489,364 means this house is valued at £5,377 per sq meter (£499 per sq foot).
The average size of a house on HEATHER WALK is 133 sq meters (1,433 sq feet).