£539,765
This estimated value is based upon the latest sale price for the house of £390,000 on 11 Dec 2015. 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 |
|---|---|
| £390,000 | 11 Dec 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 85 sq meters or 914 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 December 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £390,000 results in an estimated price of approximately £539,765.
| 11 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £390,000 | £149,765 | £539,765 |
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 | -21.381 % | £-83,384 | £306,615 |
| 3 Month Average | 15.895 % | £61,988 | £451,988 |
| 6 Month Average | 28.770 % | £112,204 | £502,204 |
| 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 85 sq meters or 914 sq feet when measured on 2 Nov 2015. Using an estimated price of £539,765 means this house is valued at £6,350 per sq meter (£589 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 |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Aerodrome Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Aerodrome Road |