£1,371,160
This estimated value is based upon the latest sale price for the house of £1,285,000 on 7 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Marsh Close
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Lawrence Avenue, Mill Hill, London, NW7 4NN
Phone: 02081153996
| Price Paid | Date |
|---|---|
| £1,285,000 | 7 Dec 2021 |
| £635,000 | 15 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 December 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £1,285,000 results in an estimated price of approximately £1,371,160.
| 7 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £1,285,000 | £86,160 | £1,371,160 |
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 | -64.453 % | £-828,217 | £456,782 |
| 3 Month Average | -44.895 % | £-576,894 | £708,105 |
| 6 Month Average | -3.269 % | £-42,005 | £1,242,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £1,013,005 | £1,000,000 | 87 THE REDDINGS |
| 9 Jun 2023 | £6,149,864 | £6,100,000 | 8 ABBEY VIEW |
| 28 Apr 2023 | £957,114 | £950,000 | 11 THE REDDINGS |
| 31 Jan 2023 | £1,334,528 | £1,346,250 | 87 SUNNYFIELD |
| 31 Jan 2023 | £1,933,021 | £1,950,000 | 1 THE REDDINGS |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 26 Jul 2021. Using an estimated price of £1,371,161 means this house is valued at £8,412 per sq meter (£781 per sq foot).
The average size of a house on THE REDDINGS is 140 sq meters (1,508 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Marsh Close |
| Feb 2024 | Other crime | Under investigation | On or near Marsh Close |
| Feb 2024 | Burglary | Under investigation | On or near Marsh Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lawrence Gardens |
| Apr 2024 | Anti-social behaviour | On or near Lawrence Gardens |