£320,246
This estimated value is based upon the latest sale price for the house of £186,500 on 23 Feb 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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8 The Promenade, Edgware, HA8 7JZ
Phone: 02081157256
| Price Paid | Date |
|---|---|
| £186,500 | 23 Feb 2011 |
| Flats/Maisonettes |
| Leasehold |
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 February 2011 the House Price Index for GREATER LONDON was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £186,500 results in an estimated price of approximately £320,246.
| 23 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.714 % | £186,500 | £133,746 | £320,246 |
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 | 171.875 % | £320,546 | £507,046 |
| 3 Month Average | 80.947 % | £150,966 | £337,466 |
| 6 Month Average | 87.266 % | £162,751 | £349,251 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £1,319,536 | £1,300,000 | 25 EDGWAREBURY LANE |
| 8 Nov 2023 | £340,034 | £335,000 | 2 DRIVE COURT |
| 31 Jul 2023 | £395,321 | £390,000 | 3 EDGWAREBURY COURT EDGWAREBURY LANE |
| 10 Mar 2023 | £383,614 | £380,000 | 3 DRIVE COURT |
| 29 Nov 2022 | £387,803 | £392,500 | 24 HERONSGATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Shoplifting | Under investigation | On or near The Drive |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Drive |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near The Drive |