£557,389
This estimated value is based upon the latest sale price for the house of £325,000 on 24 Feb 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Stag Lane
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70 Watling Avenue, Edgware, HA8 0LU
Phone: 02034783576
| Price Paid | Date |
|---|---|
| £325,000 | 24 Feb 2012 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 February 2012 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £325,000 results in an estimated price of approximately £557,389.
| 24 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £325,000 | £232,389 | £557,389 |
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 | 16.832 % | £54,702 | £379,702 |
| 3 Month Average | 44.430 % | £144,398 | £469,398 |
| 6 Month Average | 62.386 % | £202,754 | £527,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2022 | £791,764 | £755,000 | 1 MELROSE GARDENS |
| 10 Jun 2021 | £536,462 | £500,000 | 69 REDHILL DRIVE |
| 3 Mar 2021 | £584,382 | £525,000 | 153 STAG LANE |
| 26 Nov 2020 | £568,083 | £490,000 | 254 STAG LANE |
| 26 Aug 2020 | £599,533 | £500,000 | 2 FAIRWAY AVENUE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 31 Mar 2015. Using an estimated price of £557,390 means this house is valued at £8,078 per sq meter (£750 per sq foot).
The average size of a house on STAG LANE is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Stag Lane |
| Jan 2024 | Shoplifting | Under investigation | On or near Stag Lane |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Stag Lane |
| Dec 2023 | Anti-social behaviour | On or near Stag Lane | |
| Dec 2023 | Burglary | Under investigation | On or near Stag Lane |