£399,472
This estimated value is based upon the latest sale price for the house of £300,000 on 11 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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659 Watford Way, Mill Hill, London, NW7 3JR
Phone: 02035442526
Price Paid | Date |
---|---|
£300,000 | 11 Jul 2016 |
£135,000 | 24 Jan 2002 |
£88,500 | 29 Oct 1999 |
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 July 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £300,000 results in an estimated price of approximately £399,472.
11 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £300,000 | £99,472 | £399,472 |
The Postcode Pricing Model uses changes in average sales price within the NW7 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 | -42.113 % | £-126,339 | £173,660 |
3 Month Average | -37.416 % | £-112,247 | £187,752 |
6 Month Average | -5.638 % | £-16,913 | £283,086 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £335,877 | £330,000 | 37 LALEHAM AVENUE |
24 Mar 2023 | £390,681 | £387,000 | 13 WESTMERE DRIVE |
3 Mar 2023 | £161,522 | £160,000 | 15 LALEHAM AVENUE |
3 Feb 2023 | £364,755 | £365,000 | 50 THE FAIRWAY |
24 Nov 2022 | £380,392 | £385,000 | 46 THE FAIRWAY |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 3 Jun 2016. Using an estimated price of £399,473 means this house is valued at £5,874 per sq meter (£545 per sq foot).
The average size of a house on THE FAIRWAY is 65 sq meters (708 sq feet).