£292,408
This estimated value is based upon the latest sale price for the house of £230,000 on 20 Oct 2017. 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 |
|---|---|
| £230,000 | 20 Oct 2017 |
| £140,000 | 29 Jan 2015 |
| £136,000 | 10 May 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 October 2017 the House Price Index for GREATER LONDON was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £230,000 results in an estimated price of approximately £292,408.
| 20 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £230,000 | £62,408 | £292,408 |
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 | 2.675 % | £6,152 | £236,152 |
| 3 Month Average | 26.924 % | £61,926 | £291,926 |
| 6 Month Average | 4.673 % | £10,747 | £240,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £396,085 | £390,000 | 5 RIPON LONG FIELD |
| 10 Nov 2023 | £410,418 | £400,000 | 21 FIELD MEAD |
| 10 Nov 2023 | £502,762 | £490,000 | 64 CORNER MEAD |
| 9 Nov 2022 | £308,557 | £310,000 | FLAT 24 CRANWELL COURT FIELD MEAD |
| 19 Aug 2022 | £452,114 | £450,000 | 74 CORNER MEAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 27 Jun 2018. Using an estimated price of £292,409 means this house is valued at £4,300 per sq meter (£399 per sq foot).
The average size of a house on WIGGINS MEAD is 82 sq meters (888 sq feet).