£569,925
This estimated value is based upon the latest sale price for the house of £123,950 on 18 Dec 1998. 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 |
|---|---|
| £123,950 | 18 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 1998 the House Price Index for GREATER LONDON was 32.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 359.802%.Applying this 359.802% change to the original purchase price of £123,950 results in an estimated price of approximately £569,925.
| 18 Dec 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 148.6 | 359.802 % | £123,950 | £445,975 | £569,925 |
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 | 523.760 % | £649,200 | £773,150 |
| 3 Month Average | 336.864 % | £417,542 | £541,492 |
| 6 Month Average | 352.657 % | £437,118 | £561,068 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2022 | £797,922 | £770,000 | 30 BEVERLEY DRIVE |
| 28 Feb 2022 | £791,764 | £755,000 | 1 MELROSE GARDENS |
| 30 Sep 2021 | £563,042 | £522,500 | 63 HOLYROOD GARDENS |
| 30 Jun 2021 | £622,296 | £580,000 | 59 HOLYROOD GARDENS |
| 14 Oct 2020 | £885,678 | £755,000 | 39 BEVERLEY DRIVE |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 2 Jun 2013. Using an estimated price of £569,925 means this house is valued at £3,630 per sq meter (£337 per sq foot).
The average size of a house on MELROSE GARDENS is 129 sq meters (1,388 sq feet).
This house is the largest in the street with a floor area of 157 sq meters (1,689 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Melrose Gardens |
| Dec 2023 | Burglary | Under investigation | On or near Melrose Gardens |