£281,794
This estimated value is based upon the latest sale price for the house of £67,000 on 24 Sep 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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8 Aerodrome Road, London, NW9 5GW
Phone: 02036415134
| Price Paid | Date |
|---|---|
| £67,000 | 24 Sep 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 32 sq meters or 352 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 1999 the House Price Index for GREATER LONDON was 35.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 320.589%.Applying this 320.589% change to the original purchase price of £67,000 results in an estimated price of approximately £281,794.
| 24 Sep 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 148.6 | 320.589 % | £67,000 | £214,794 | £281,794 |
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 | 214.258 % | £143,552 | £210,552 |
| 3 Month Average | 265.431 % | £177,838 | £244,838 |
| 6 Month Average | 323.870 % | £216,992 | £283,992 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jan 2023 | £199,062 | £200,000 | 3 EAGLE DRIVE |
| 31 Jan 2022 | £325,194 | £309,000 | 31 EAGLE DRIVE |
| 17 Jan 2022 | £336,771 | £320,000 | 35 ARRAN COURT CHERRY CLOSE |
| 10 Sep 2021 | £239,226 | £222,000 | FLAT 18 GOOSANDER COURT, 1 RAVEN CLOSE |
| 14 Jul 2020 | £223,702 | £185,000 | FLAT 10 MAVIS COURT, 4 RAVEN CLOSE |
This house has a floor area of 32 sq meters or 352 sq feet when measured on 20 May 2010. Using an estimated price of £281,795 means this house is valued at £8,601 per sq meter (£799 per sq foot).
The average size of a house on RAVEN CLOSE is 35 sq meters (386 sq feet).