£471,974
This estimated value is based upon the latest sale price for the house of £383,000 on 2 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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70 Watling Avenue, Edgware, HA8 0LU
Phone: 02034783576
| Price Paid | Date |
|---|---|
| £383,000 | 2 Oct 2018 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 October 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £383,000 results in an estimated price of approximately £471,974.
| 2 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £383,000 | £88,974 | £471,974 |
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 | 14.204 % | £54,402 | £437,402 |
| 3 Month Average | 4.231 % | £16,203 | £399,203 |
| 6 Month Average | 11.195 % | £42,875 | £425,875 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £509,457 | £505,000 | 32 ORANGE HILL ROAD |
| 29 Jun 2023 | £195,366 | £193,000 | 7A SILKSTREAM PARADE |
| 13 Mar 2023 | £252,378 | £250,000 | 9A LITTLEFIELD ROAD |
| 8 Jul 2022 | £458,234 | £457,000 | 7 COLCHESTER ROAD |
| 25 Nov 2021 | £378,530 | £350,000 | 15 LITTLEFIELD ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 23 Apr 2014. Using an estimated price of £471,975 means this house is valued at £6,378 per sq meter (£592 per sq foot).
The average size of a house on ORANGE HILL ROAD is 72 sq meters (783 sq feet).