£566,830
This estimated value is based upon the latest sale price for the house of £410,000 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Heritage Avenue, London, NW9 5FW
Phone: 02035446843
| Price Paid | Date |
|---|---|
| £410,000 | 29 Jan 2016 |
| £358,000 | 28 Jul 2014 |
| £98,000 | 26 May 1995 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 January 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £410,000 results in an estimated price of approximately £566,830.
| 29 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £410,000 | £156,830 | £566,830 |
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 | 38.173 % | £156,510 | £566,510 |
| 3 Month Average | 24.595 % | £100,841 | £510,841 |
| 6 Month Average | 10.090 % | £41,369 | £451,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £379,637 | £370,000 | 8 AYLESHAM CLOSE |
| 5 Sep 2023 | £628,863 | £615,000 | 11 TITHE WALK |
| 10 Mar 2023 | £686,464 | £675,000 | 1 BURNHAM CLOSE |
| 27 Sep 2022 | £574,616 | £575,000 | 19 FAKENHAM CLOSE |
| 18 Feb 2022 | £528,229 | £500,000 | 17 AYLESHAM CLOSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 19 May 2014. Using an estimated price of £566,830 means this house is valued at £10,121 per sq meter (£940 per sq foot).
The average size of a house on BURNHAM CLOSE is 79 sq meters (855 sq feet).