£332,787
This estimated value is based upon the latest sale price for the house of £270,000 on 28 Feb 2020. 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 |
|---|---|
| £270,000 | 28 Feb 2020 |
| £140,000 | 6 Aug 2015 |
| £192,500 | 6 Aug 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 79 sq meters or 855 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 February 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £270,000 results in an estimated price of approximately £332,787.
| 28 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £270,000 | £62,787 | £332,787 |
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 | 36.131 % | £97,552 | £367,552 |
| 3 Month Average | 22.009 % | £59,423 | £329,423 |
| 6 Month Average | 4.222 % | £11,398 | £281,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £396,085 | £390,000 | 5 RIPON LONG FIELD |
| 10 Nov 2023 | £502,762 | £490,000 | 64 CORNER MEAD |
| 19 Aug 2022 | £452,114 | £450,000 | 74 CORNER MEAD |
| 19 Aug 2022 | £351,644 | £350,000 | 8 PARTRIDGE GREAT FIELD |
| 29 Oct 2021 | £239,654 | £215,000 | FLAT 16 TAIT WIGGINS MEAD |
This house has a floor area of 79 sq meters or 855 sq feet when measured on 20 Oct 2010. Using an estimated price of £332,788 means this house is valued at £4,187 per sq meter (£388 per sq foot).
There is one other house on the street which we know the size of, this is FLAT 18 SAIMET SATCHELL MEAD it is 65.0