£607,421
This estimated value is based upon the latest sale price for the house of £110,000 on 26 Sep 1996. 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 Melrose Gardens
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43 South Parade, Mollison Way, Edgware, HA8 5QL
Phone: 02035447953
| Price Paid | Date |
|---|---|
| £110,000 | 26 Sep 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 September 1996 the House Price Index for GREATER LONDON was 26.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 452.201%.Applying this 452.201% change to the original purchase price of £110,000 results in an estimated price of approximately £607,421.
| 26 Sep 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 148.6 | 452.201 % | £110,000 | £497,421 | £607,421 |
The Postcode Pricing Model uses changes in average sales price within the HA8 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 | 583.755 % | £642,130 | £752,130 |
| 3 Month Average | 387.053 % | £425,758 | £535,758 |
| 6 Month Average | 427.501 % | £470,250 | £580,250 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2022 | £797,922 | £770,000 | 30 BEVERLEY DRIVE |
| 30 Sep 2021 | £563,042 | £522,500 | 63 HOLYROOD GARDENS |
| 30 Jun 2021 | £622,296 | £580,000 | 59 HOLYROOD GARDENS |
| 25 Jun 2021 | £665,213 | £620,000 | 33 TEWKESBURY GARDENS |
| 14 Dec 2020 | £682,889 | £595,000 | 64 TEWKESBURY GARDENS |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 12 Sep 2018. Using an estimated price of £607,421 means this house is valued at £5,020 per sq meter (£466 per sq foot).
The average size of a house on BEVERLEY DRIVE is 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Under investigation | On or near Melrose Gardens |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Melrose Gardens |