£609,260
This estimated value is based upon the latest sale price for the house of £410,000 on 6 Jan 2015. 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 |
|---|---|
| £410,000 | 6 Jan 2015 |
| £375,000 | 11 Jul 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2015 the House Price Index for GREATER LONDON was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £410,000 results in an estimated price of approximately £609,260.
| 6 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £410,000 | £199,260 | £609,260 |
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 | 84.146 % | £344,996 | £754,996 |
| 3 Month Average | 32.355 % | £132,657 | £542,657 |
| 6 Month Average | 33.546 % | £137,538 | £547,538 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £322,824 | £320,000 | 11 WARREN WAY |
| 4 Nov 2022 | £138,324 | £140,000 | 228 DE HAVILLAND ROAD |
| 14 Oct 2022 | £113,973 | £115,200 | 24 WARREN WAY |
| 30 Sep 2021 | £563,042 | £522,500 | 63 HOLYROOD GARDENS |
| 30 Jun 2021 | £622,296 | £580,000 | 59 HOLYROOD GARDENS |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 18 Mar 2014. Using an estimated price of £609,260 means this house is valued at £8,829 per sq meter (£820 per sq foot).
The average size of a house on HOLYROOD GARDENS is 96 sq meters (1,035 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Under investigation | On or near Melrose Gardens |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Melrose Gardens |