£588,256
This estimated value is based upon the latest sale price for the house of £475,918 on 3 Sep 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Parson Street, London, NW4 1QD
Phone: 02036414223
Price Paid | Date |
---|---|
£475,918 | 3 Sep 2019 |
£480,000 | 16 Nov 2016 |
Flats/Maisonettes |
Leasehold |
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 September 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £475,918 results in an estimated price of approximately £588,256.
3 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.605 % | £475,918 | £112,338 | £588,256 |
The Postcode Pricing Model uses changes in average sales price within the NW4 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 | -37.299 % | £-177,512 | £298,405 |
3 Month Average | -1.300 % | £-6,187 | £469,730 |
6 Month Average | 10.158 % | £48,343 | £524,261 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Oct 2023 | £486,039 | £475,000 | FLAT 10 COLEMAN COURT, 2 HOPE CLOSE |
15 Sep 2023 | £460,143 | £450,000 | FLAT 2 ALBION COURT, 5 HOPE CLOSE |
14 Feb 2023 | £302,017 | £300,000 | FLAT 2 CHRISTOPHER COURT, 90 GREAT NORTH WAY |
10 Aug 2022 | £462,161 | £460,000 | FLAT 2 EPSOM COURT, 4 HOPE CLOSE |
20 Jul 2022 | £313,138 | £310,000 | FLAT 2 CONIFER COURT, 205 GREAT NORTH WAY |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 13 Oct 2016. Using an estimated price of £588,257 means this house is valued at £7,353 per sq meter (£683 per sq foot).
The average size of a house on HOPE CLOSE is 84 sq meters (914 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hope Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hope Close |
Apr 2024 | Drugs | Under investigation | On or near Hope Close |
Apr 2024 | Drugs | Under investigation | On or near Hope Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hope Close |