£695,612
This estimated value is based upon the latest sale price for the house of £600,000 on 17 Nov 2020. 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 Cornforth Lane
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Eckington House, 12 Winterstoke Gardens, Mill Hill, London, NW7 2RA
Phone: 02035514858
Price Paid | Date |
---|---|
£600,000 | 17 Nov 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 116 sq meters or 1,248 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 November 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £600,000 results in an estimated price of approximately £695,612.
17 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £600,000 | £95,612 | £695,612 |
The Postcode Pricing Model uses changes in average sales price within the NW7 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 | 12.698 % | £76,185 | £676,185 |
3 Month Average | -18.897 % | £-113,380 | £486,619 |
6 Month Average | -3.622 % | £-21,733 | £578,266 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £527,814 | £520,000 | FLAT 23 LAIDLAW HOUSE, 15 MEDAWAR DRIVE |
27 Jul 2023 | £124,171 | £122,500 | FLAT 6 LAIDLAW HOUSE, 15 MEDAWAR DRIVE |
30 Dec 2020 | £746,014 | £650,000 | FLAT 9 MELLANBY HOUSE, 6 CORNFORTH LANE |
1 Dec 2020 | £780,445 | £680,000 | FLAT 10 MELLANBY HOUSE, 6 CORNFORTH LANE |
17 Nov 2020 | £695,612 | £600,000 | FLAT 2 MELLANBY HOUSE, 6 CORNFORTH LANE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 3 Feb 2020. Using an estimated price of £695,612 means this house is valued at £5,996 per sq meter (£557 per sq foot).
The average size of a house on CORNFORTH LANE is 111 sq meters (1,197 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cornforth Lane |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cornforth Lane |