£1,514,318
This estimated value is based upon the latest sale price for the house of £1,000,000 on 26 Aug 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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41a Mill Lane, London, NW6 1NB
Phone: 02036419559
| Price Paid | Date |
|---|---|
| £1,000,000 | 26 Aug 2014 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 August 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £1,000,000 results in an estimated price of approximately £1,514,318.
| 26 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £1,000,000 | £514,318 | £1,514,318 |
The Postcode Pricing Model uses changes in average sales price within the NW6 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 | -49.789 % | £-497,891 | £502,108 |
| 3 Month Average | -3.804 % | £-38,043 | £961,956 |
| 6 Month Average | 25.679 % | £256,793 | £1,256,793 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £1,861,283 | £1,845,000 | 33 SUMATRA ROAD |
| 3 Aug 2023 | £2,622,946 | £2,600,000 | 42 HILLFIELD ROAD |
| 28 Jun 2023 | £16,702 | £16,500 | 120 MILL LANE |
| 23 Jun 2022 | £507,167 | £500,000 | FLAT A 110 MILL LANE |
| 6 Apr 2022 | £885,627 | £860,000 | 94A MILL LANE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 23 Aug 2013. Using an estimated price of £1,514,318 means this house is valued at £13,401 per sq meter (£1,244 per sq foot).
The average size of a house on MILL LANE is 70 sq meters (762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hillfield Road |
| Dec 2023 | Anti-social behaviour | On or near Hillfield Road | |
| Dec 2023 | Anti-social behaviour | On or near Hillfield Road | |
| Dec 2023 | Anti-social behaviour | On or near Hillfield Road | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hillfield Road |