£452,590
This estimated value is based upon the latest sale price for the house of £325,000 on 16 Nov 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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659 Watford Way, Mill Hill, London, NW7 3JR
Phone: 02035442526
Price Paid | Date |
---|---|
£325,000 | 16 Nov 2015 |
£225,000 | 12 Oct 2010 |
£139,950 | 15 Aug 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 683 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 2015 the House Price Index for GREATER LONDON was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £325,000 results in an estimated price of approximately £452,590.
16 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £325,000 | £127,590 | £452,590 |
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 | -42.058 % | £-136,687 | £188,312 |
3 Month Average | -29.925 % | £-97,255 | £227,744 |
6 Month Average | 6.160 % | £20,021 | £345,021 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Jun 2023 | £380,610 | £376,000 | 38 WESTMERE DRIVE |
4 Apr 2023 | £386,158 | £382,000 | 42 WESTMERE DRIVE |
24 Mar 2023 | £390,681 | £387,000 | 13 WESTMERE DRIVE |
12 Aug 2022 | £888,608 | £891,000 | 1 LAUREL GARDENS |
26 Jul 2022 | £325,877 | £325,000 | 74 LALEHAM AVENUE |
This house has a floor area of 63 sq meters or 683 sq feet when measured on 28 Jan 2010. Using an estimated price of £452,590 means this house is valued at £7,126 per sq meter (£662 per sq foot).
The average size of a house on WESTMERE DRIVE is 66 sq meters (713 sq feet).