£812,299
This estimated value is based upon the latest sale price for the house of £470,000 on 22 Dec 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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43 South Parade, Mollison Way, Edgware, HA8 5QL
Phone: 02035447953
| Price Paid | Date |
|---|---|
| £470,000 | 22 Dec 2009 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,457 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 2009 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £470,000 results in an estimated price of approximately £812,299.
| 22 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £470,000 | £342,299 | £812,299 |
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 | 124.436 % | £584,848 | £1,054,848 |
| 3 Month Average | 74.877 % | £351,920 | £821,920 |
| 6 Month Average | 79.951 % | £375,771 | £845,771 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £700,000 | £700,000 | 130 BEVERLEY DRIVE |
| 21 Oct 2022 | £578,768 | £585,000 | 44 WALTHAM DRIVE |
| 22 Jul 2022 | £295,796 | £295,000 | 15B WALTHAM DRIVE |
| 31 May 2022 | £601,331 | £590,000 | 34 LAWRENCE CRESCENT |
| 7 Apr 2022 | £617,879 | £600,000 | 32 DRYBURGH GARDENS |
This house has a floor area of 135 sq meters or 1,457 sq feet when measured on 15 Aug 2009. Using an estimated price of £812,300 means this house is valued at £5,999 per sq meter (£557 per sq foot).
The average size of a house on WALTHAM DRIVE is 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wimborne Drive |