£883,177
This estimated value is based upon the latest sale price for the house of £248,000 on 25 Jan 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Concorde House, Grenville Place, London, NW7 3SA
Phone: 02035442542
| Price Paid | Date |
|---|---|
| £248,000 | 25 Jan 2001 |
| £192,000 | 1 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 162 sq meters or 1,752 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 January 2001 the House Price Index for GREATER LONDON was 41.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 256.120%.Applying this 256.120% change to the original purchase price of £248,000 results in an estimated price of approximately £883,177.
| 25 Jan 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.7 | 148.6 | 256.120 % | £248,000 | £635,177 | £883,177 |
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 | 265.448 % | £658,311 | £906,311 |
| 3 Month Average | 205.682 % | £510,090 | £758,090 |
| 6 Month Average | 247.001 % | £612,561 | £860,561 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £763,356 | £750,000 | 26 SELVAGE LANE |
| 28 Mar 2023 | £1,135,700 | £1,125,000 | 4 OAKMEAD GARDENS |
| 3 Nov 2022 | £1,284,442 | £1,300,000 | 7 SELVAGE LANE |
| 31 Aug 2022 | £922,517 | £925,000 | 37 ELMGATE GARDENS |
| 1 Jul 2022 | £1,253,374 | £1,250,000 | 14 ELMGATE GARDENS |
This house has a floor area of 162 sq meters or 1,752 sq feet when measured on 4 Nov 2008. Using an estimated price of £883,178 means this house is valued at £5,424 per sq meter (£503 per sq foot).
The average size of a house on SELVAGE LANE is 136 sq meters (1,465 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Elmgate Gardens |
| Jan 2024 | Other theft | Under investigation | On or near Gibbs Green |
| Dec 2023 | Anti-social behaviour | On or near Gibbs Green | |
| Dec 2023 | Anti-social behaviour | On or near Gibbs Green | |
| Dec 2023 | Anti-social behaviour | On or near Gibbs Green |