This estimated value is based upon the latest sale price for the house of £438,500 on 8 Aug 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON1
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|£438,500||8 Aug 2014|
|£320,000||1 Oct 2004|
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 August 2014 the House Price Index for GREATER LONDON was 507.4.The House Price Index as of 1 Feb 2016 is 575.7 which is a change of 13.470%.
Applying this 13.470% change to the original purchase price of £438,500 gives us an estimated price now of around £497,566.
|8 Aug 2014||1 Feb 2016||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the NW10 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||-24.005 %||£-105,261||£333,238|
|3 Month Average||9.425 %||£41,328||£479,828|
|6 Month Average||12.703 %||£55,700||£494,200|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In August 2014 the average sale price for the 50 nearest sales within two miles of 3 BASKERVILLE GARDENS was £366,801.
In February 2016 the average sale price for the 50 nearest sales was £450,251. This is a change of 22.751%.
So taking the original purchase price of £438,500 and adjusting it by 22.751% gives an estimated price of £538,262.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 8 Aug 2014||Average price on 29 Feb 2016||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|9 Feb 2016||£350,000||£350,000||29 LANSDOWNE GROVE|
|8 Jan 2016||£261,562||£260,000||FLAT 16 BERKELEY COURT NEASDEN LANE|
|6 Nov 2015||£301,759||£290,000||26 BASKERVILLE GARDENS|
|5 Nov 2015||£338,178||£325,000||17A LANSDOWNE GROVE|
|6 Mar 2015||£519,557||£460,000||16 BASKERVILLE GARDENS|
|Feb 2016||Violence and sexual offences||Under investigation||On or near Baskerville Gardens|
|Feb 2016||Violence and sexual offences||Offender given a caution||On or near Baskerville Gardens|
|Dec 2015||Criminal damage and arson||Under investigation||On or near Baskerville Gardens|
|Feb 2016||Anti-social behaviour||On or near Neasden Lane|
|Feb 2016||Violence and sexual offences||Offender given a caution||On or near Neasden Lane|