£394,171
This estimated value is based upon the latest sale price for the house of £115,000 on 11 May 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Whitchurch Parade, Whitchurch Lane, Edgeware, HA8 6LR
Phone: 02036414425
| Price Paid | Date |
|---|---|
| £115,000 | 11 May 2001 |
| Terraced |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 May 2001 the House Price Index for GREATER LONDON was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £115,000 results in an estimated price of approximately £394,171.
| 11 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £115,000 | £279,171 | £394,171 |
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 | 320.901 % | £369,036 | £484,036 |
| 3 Month Average | 210.407 % | £241,967 | £356,967 |
| 6 Month Average | 227.158 % | £261,231 | £376,231 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £339,771 | £340,000 | 34 HANDEL WAY |
| 9 Feb 2023 | £322,783 | £323,000 | 9 METHUEN CLOSE |
| 5 May 2022 | £657,387 | £645,000 | 26 MILFORD GARDENS |
| 11 Apr 2022 | £566,390 | £550,000 | 31 MILFORD GARDENS |
| 19 Jan 2022 | £326,246 | £310,000 | 34 METHUEN CLOSE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 13 Nov 2015. Using an estimated price of £394,171 means this house is valued at £7,728 per sq meter (£718 per sq foot).
The average size of a house on METHUEN CLOSE is 53 sq meters (577 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Methuen Close | |
| Dec 2023 | Anti-social behaviour | On or near Methuen Close | |
| Dec 2023 | Anti-social behaviour | On or near Methuen Close | |
| Dec 2023 | Anti-social behaviour | On or near Methuen Close | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Milford Gardens |