£1,235,788
This estimated value is based upon the latest sale price for the house of £1,240,000 on 13 Apr 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Hale Lane, London, NW7 3NX
Phone: 02081282041
| Price Paid | Date |
|---|---|
| £1,240,000 | 13 Apr 2023 |
| £1,225,000 | 29 Jul 2016 |
| £249,950 | 11 Sep 1997 |
| Detached |
| Freehold |
| Floor Area: 304 sq meters or 3,272 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 April 2023 the House Price Index for GREATER LONDON was 147.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.340%.Applying this -0.340% change to the original purchase price of £1,240,000 results in an estimated price of approximately £1,235,788.
| 13 Apr 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 146.7 | -0.340 % | £1,240,000 | £-4,211 | £1,235,788 |
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 | 3.619 % | £44,880 | £1,284,880 |
| 3 Month Average | -16.837 % | £-208,779 | £1,031,220 |
| 6 Month Average | -11.386 % | £-141,184 | £1,098,815 |
This house has a floor area of 304 sq meters or 3,272 sq feet when measured on 20 May 2014.
The average size of a house on MILLWAY is 160 sq meters (1,731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Lawrence Court |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Lawrence Court |
| Dec 2023 | Vehicle crime | Under investigation | On or near Beechwood Close |
| Jan 2024 | Public order | Under investigation | On or near Manor Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Manor Close |