£371,244
This estimated value is based upon the latest sale price for the house of £250,000 on 10 Mar 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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15 Pennine Parade, Pennine Drive, London, NW2 1NT
Phone: 02080223971
Price Paid | Date |
---|---|
£250,000 | 10 Mar 2015 |
£249,999 | 6 Jun 2014 |
£202,500 | 22 Nov 2013 |
£162,000 | 3 Oct 2005 |
£149,500 | 17 Dec 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 409 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 March 2015 the House Price Index for GREATER LONDON was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £250,000 results in an estimated price of approximately £371,244.
10 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 149.7 | 48.498 % | £250,000 | £121,244 | £371,244 |
The Postcode Pricing Model uses changes in average sales price within the NW2 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 | 45.093 % | £112,732 | £362,732 |
3 Month Average | 14.900 % | £37,251 | £287,251 |
6 Month Average | 2.556 % | £6,388 | £256,388 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Sep 2023 | £291,424 | £285,000 | 77 WINDMILL DRIVE |
30 Jun 2023 | £204,090 | £200,000 | 14 WINDMILL DRIVE |
31 Jan 2023 | £225,603 | £225,000 | 56 WINDMILL DRIVE |
7 Sep 2022 | £361,259 | £361,500 | 1 WINDMILL DRIVE |
16 Jun 2022 | £240,133 | £235,000 | 69 WINDMILL DRIVE |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 30 Jul 2014. Using an estimated price of £371,245 means this house is valued at £9,769 per sq meter (£907 per sq foot).
The average size of a house on WINDMILL DRIVE is 43 sq meters (467 sq feet).