£706,035
This estimated value is based upon the latest sale price for the house of £690,000 on 30 Oct 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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111 Colindale Avenue, Colindale, London, NW9 5HB
Phone: 02081157113
Price Paid | Date |
---|---|
£690,000 | 30 Oct 2023 |
£650,000 | 29 Jun 2016 |
£445,000 | 10 Sep 2015 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 October 2023 the House Price Index for GREATER LONDON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £690,000 results in an estimated price of approximately £706,035.
30 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £690,000 | £16,035 | £706,035 |
The Postcode Pricing Model uses changes in average sales price within the NW9 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 | -6.698 % | £-46,216 | £643,783 |
3 Month Average | -1.775 % | £-12,250 | £677,749 |
6 Month Average | -9.572 % | £-66,045 | £623,954 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Oct 2023 | £706,035 | £690,000 | 2 AJAX AVENUE |
7 Jun 2023 | £478,591 | £469,000 | 7 AJAX AVENUE |
9 Nov 2020 | £562,945 | £482,000 | 13 CECIL ROAD |
5 Nov 2020 | £227,747 | £195,000 | FLAT 5 AJAX COURT COLINDALE AVENUE |
24 Sep 2019 | £290,471 | £235,000 | FLAT 6 TOKYNGTON COURT COLINDEEP LANE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 18 May 2015. Using an estimated price of £706,035 means this house is valued at £8,506 per sq meter (£790 per sq foot).
The average size of a house on AJAX AVENUE is 77 sq meters (833 sq feet).