£386,034
This estimated value is based upon the latest sale price for the house of £287,460 on 23 May 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Heritage Avenue, London, NW9 5FW
Phone: 02035446843
| Price Paid | Date |
|---|---|
| £287,460 | 23 May 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 May 2016 the House Price Index for GREATER LONDON was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £287,460 results in an estimated price of approximately £386,034.
| 23 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £287,460 | £98,574 | £386,034 |
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 | 106.956 % | £307,456 | £594,916 |
| 3 Month Average | -2.005 % | £-5,764 | £281,695 |
| 6 Month Average | 13.779 % | £39,608 | £327,068 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £237,500 | £237,500 | FLAT 1 CARLETON HOUSE, 20 BOULEVARD DRIVE |
| 31 Oct 2022 | £504,567 | £510,000 | FLAT 31 ARGENT HOUSE, 3 BEAUFORT SQUARE |
| 16 Aug 2022 | £513,368 | £514,750 | FLAT 37 CARLETON HOUSE, 20 BOULEVARD DRIVE |
| 9 Aug 2022 | £797,852 | £800,000 | FLAT 74 ARGENT HOUSE, 3 BEAUFORT SQUARE |
| 31 Jan 2022 | £336,771 | £320,000 | FLAT 2 ARGENT HOUSE, 3 BEAUFORT SQUARE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 13 May 2016. Using an estimated price of £386,034 means this house is valued at £9,191 per sq meter (£853 per sq foot).
The average size of a house on BOULEVARD DRIVE is 62 sq meters (670 sq feet).