£592,919
This estimated value is based upon the latest sale price for the house of £475,000 on 27 Apr 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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258 Watford Way, Hendon, NW4 4UJ
Phone: 02035515088
| Price Paid | Date |
|---|---|
| £475,000 | 27 Apr 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 April 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £475,000 results in an estimated price of approximately £592,919.
| 27 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £475,000 | £117,919 | £592,919 |
The Postcode Pricing Model uses changes in average sales price within the NW4 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 | 3.655 % | £17,362 | £492,362 |
| 3 Month Average | 18.565 % | £88,183 | £563,183 |
| 6 Month Average | 20.061 % | £95,291 | £570,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jan 2023 | £318,500 | £320,000 | FLAT 6 SECKFORD COURT, 5 ALWYN GARDENS |
| 25 Mar 2022 | £466,318 | £450,000 | 214 WATFORD WAY |
| 24 Mar 2022 | £282,381 | £272,500 | FLAT 11 PILKINGTON COURT, 4 ALWYN GARDENS |
| 4 Feb 2022 | £545,321 | £520,000 | 239 WATFORD WAY |
| 22 Oct 2021 | £885,182 | £800,000 | 18 NEWARK WAY |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 5 Oct 2018. Using an estimated price of £592,920 means this house is valued at £7,143 per sq meter (£663 per sq foot).
The average size of a house on WATFORD WAY is 87 sq meters (940 sq feet).