£442,440
This estimated value is based upon the latest sale price for the house of £361,000 on 2 Aug 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Lower Strand
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7 Heritage Avenue, London, NW9 5FW
Phone: 02035446843
Price Paid | Date |
---|---|
£361,000 | 2 Aug 2019 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £361,000 results in an estimated price of approximately £442,440.
2 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.0 | 22.560 % | £361,000 | £81,440 | £442,440 |
The Postcode Pricing Model uses changes in average sales price within the NW9 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 | 87.014 % | £314,120 | £675,120 |
3 Month Average | -10.397 % | £-37,534 | £323,465 |
6 Month Average | -3.301 % | £-11,917 | £349,082 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jul 2021 | £320,495 | £280,000 | 3 BEVERLEY LOWER STRAND |
22 Sep 2020 | £2,344,517 | £1,982,532 | FLAT 3 JAGUAR COURT, 19 PERCIVAL AVENUE |
3 Jul 2020 | £481,728 | £400,000 | 6 BLACKTHORN LOWER STRAND |
26 Mar 2020 | £299,893 | £250,000 | FLAT 9 ALBATROSS BELVEDERE STRAND |
25 Feb 2020 | £472,797 | £388,000 | 4 CAUDRON LITTLE STRAND |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 5 Mar 2018. Using an estimated price of £442,440 means this house is valued at £5,530 per sq meter (£513 per sq foot).
The average size of a house on LOWER STRAND is 92 sq meters (994 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Lower Strand |
Apr 2024 | Robbery | Under investigation | On or near Lower Strand |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lower Strand |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Lower Strand |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Lower Strand |