£523,177
This estimated value is based upon the latest sale price for the house of £415,000 on 28 Nov 2017. 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 |
---|---|
£415,000 | 28 Nov 2017 |
£387,950 | 4 Nov 2015 |
Flats/Maisonettes |
Leasehold |
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 November 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £415,000 results in an estimated price of approximately £523,177.
28 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £415,000 | £108,177 | £523,177 |
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 | -1.203 % | £-4,992 | £410,007 |
3 Month Average | -2.703 % | £-11,215 | £403,784 |
6 Month Average | 16.331 % | £67,772 | £482,772 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £311,989 | £308,000 | FLAT 53 CARVELL HOUSE, 22 AERODROME ROAD |
4 Nov 2022 | £484,136 | £490,000 | FLAT 61 CHAPMAN HOUSE, 24 AERODROME ROAD |
6 Oct 2022 | £371,005 | £375,000 | FLAT 57 CHAPMAN HOUSE, 24 AERODROME ROAD |
26 Nov 2021 | £356,900 | £330,000 | FLAT 1 CHAPMAN HOUSE, 24 AERODROME ROAD |
29 Oct 2021 | £1,106,478 | £1,000,000 | FLAT 63 CHAPMAN HOUSE, 24 AERODROME ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 2 Nov 2015. Using an estimated price of £523,178 means this house is valued at £7,582 per sq meter (£704 per sq foot).
The average size of a house on AERODROME ROAD is 64 sq meters (696 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Under investigation | On or near Aerodrome Road |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Aerodrome Road |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Aerodrome Road |