£493,946
This estimated value is based upon the latest sale price for the house of £400,000 on 21 Sep 2018. 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 East Drive
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7 Heritage Avenue, London, NW9 5FW
Phone: 02035446843
| Price Paid | Date |
|---|---|
| £400,000 | 21 Sep 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 814 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 2018 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £400,000 results in an estimated price of approximately £493,946.
| 21 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £400,000 | £93,946 | £493,946 |
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 | -14.296 % | £-57,184 | £342,815 |
| 3 Month Average | 1.050 % | £4,201 | £404,201 |
| 6 Month Average | 10.408 % | £41,630 | £441,630 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £262,295 | £260,000 | FLAT 29 ENVOY HOUSE, 2 EAST DRIVE |
| 1 Jun 2022 | £284,014 | £280,000 | FLAT 15 ELDON HOUSE, 52 AERODROME ROAD |
| 27 May 2022 | £565,658 | £555,000 | FLAT 35 ENVOY HOUSE, 2 EAST DRIVE |
| 28 Apr 2022 | £417,069 | £405,000 | FLAT 33 ELDON HOUSE, 52 AERODROME ROAD |
| 12 Apr 2022 | £262,599 | £255,000 | FLAT 20 ENVOY HOUSE, 2 EAST DRIVE |
This house has a floor area of 75 sq meters or 814 sq feet when measured on 6 Sep 2011. Using an estimated price of £493,946 means this house is valued at £6,526 per sq meter (£606 per sq foot).
The average size of a house on EAST DRIVE is 69 sq meters (752 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near East Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near East Drive |
| Dec 2023 | Other theft | Under investigation | On or near East Drive |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near East Drive |
| Jan 2024 | Anti-social behaviour | On or near Commander Avenue |