£546,802
This estimated value is based upon the latest sale price for the house of £530,000 on 14 Dec 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Madoc Close
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291 Cricklewood Lane, London, NW2 2JL
Phone: 02080221103
| Price Paid | Date |
|---|---|
| £530,000 | 14 Dec 2023 |
| £665,000 | 6 Jul 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 December 2023 the House Price Index for GREATER LONDON was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £530,000 results in an estimated price of approximately £546,802.
| 14 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £530,000 | £16,802 | £546,802 |
The Postcode Pricing Model uses changes in average sales price within the NW2 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 | 14.832 % | £78,608 | £608,608 |
| 3 Month Average | 9.115 % | £48,308 | £578,308 |
| 6 Month Average | 4.053 % | £21,480 | £551,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £546,802 | £530,000 | FLAT 14 TUDOR HOUSE MADOC CLOSE |
| 29 Sep 2023 | £455,031 | £445,000 | 753A FINCHLEY ROAD |
| 27 Sep 2023 | £904,949 | £885,000 | FLAT 1 735 FINCHLEY ROAD |
| 26 Sep 2023 | £511,271 | £500,000 | FLAT 18 ORCHARD MEAD HOUSE FINCHLEY ROAD |
| 4 Aug 2022 | £150,705 | £150,000 | FLAT 1 GRIFFITH COURT, 5 MADOC CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 1 Oct 2014. Using an estimated price of £546,802 means this house is valued at £7,194 per sq meter (£668 per sq foot).
The average size of a house on MADOC CLOSE is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Madoc Close |
| Oct 2024 | Robbery | Under investigation | On or near Madoc Close |
| Oct 2024 | Drugs | Awaiting court outcome | On or near Madoc Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Madoc Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Madoc Close |