This estimated value is based upon the latest sale price for the house of £482,500 on 16 Apr 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON1
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|£482,500||16 Apr 2010|
|£185,000||27 Nov 1997|
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 April 2010 the House Price Index for GREATER LONDON was 72.5.The House Price Index as of 1 Jun 2019 is 120.5 which is a change of 66.289%.
Applying this 66.289% change to the original purchase price of £482,500 gives us an estimated price now of around £802,344.
|16 Apr 2010||1 Jun 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the W9 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||45.699 %||£220,495||£702,995|
|3 Month Average||60.266 %||£290,782||£773,282|
|6 Month Average||42.468 %||£204,908||£687,408|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In April 2010 the average sale price for the 50 nearest sales within three quarters of a mile of ESSENDINE MANSIONS FLAT 2 ESSENDINE ROAD was £368,075.
In December 2019 the average sale price for the 50 nearest sales was £868,057. This is a change of 135.837%.
So taking the original purchase price of £482,500 and adjusting it by 135.837% gives an estimated price of £1,137,913.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 16 Apr 2010||Average price on 26 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|22 May 2019||£494,106||£490,000||203A KILBURN PARK ROAD|
|28 Jun 2018||£500,783||£510,000||FLAT 106 ESSENDINE MANSIONS ESSENDINE ROAD|
|25 Aug 2017||£818,369||£840,000||FLAT 177 WYMERING MANSIONS WYMERING ROAD|
|21 Jul 2017||£782,466||£800,000||FLAT 22 ESSENDINE MANSIONS ESSENDINE ROAD|
|17 Feb 2017||£1,047,474||£1,050,000||FLAT 196 WYMERING MANSIONS WYMERING ROAD|