£500,561
This estimated value is based upon the latest sale price for the house of £182,500 on 16 Aug 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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412 Edgware Road, Paddington, W2 1ED
Phone: 02035442532
| Price Paid | Date |
|---|---|
| £182,500 | 16 Aug 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 661 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 August 2002 the House Price Index for GREATER LONDON was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £182,500 results in an estimated price of approximately £500,561.
| 16 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £182,500 | £318,061 | £500,561 |
The Postcode Pricing Model uses changes in average sales price within the W2 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 | 206.012 % | £375,971 | £558,471 |
| 3 Month Average | 121.938 % | £222,536 | £405,036 |
| 6 Month Average | 180.857 % | £330,063 | £512,563 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2023 | £3,881,796 | £3,840,000 | 422 EDGWARE ROAD |
| 17 Jan 2023 | £1,094,843 | £1,100,000 | FLAT 408 EDGWARE ROAD |
| 14 Apr 2022 | £463,410 | £450,000 | FLAT 12 GILBERT SHELDON HOUSE EDGWARE ROAD |
| 30 Mar 2022 | £259,066 | £250,000 | FLAT 4 ALBERT COURT EDGWARE ROAD |
| 19 Aug 2021 | £819,978 | £735,000 | FLAT 4 428 EDGWARE ROAD |
This house has a floor area of 61 sq meters or 661 sq feet when measured on 6 Nov 2008. Using an estimated price of £500,561 means this house is valued at £8,147 per sq meter (£756 per sq foot).
The average size of a house on EDGWARE ROAD is 51 sq meters (550 sq feet).