£407,049
This estimated value is based upon the latest sale price for the house of £275,000 on 28 Apr 2015. 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 |
|---|---|
| £275,000 | 28 Apr 2015 |
| £34,500 | 29 Mar 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 535 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 April 2015 the House Price Index for GREATER LONDON was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £275,000 results in an estimated price of approximately £407,049.
| 28 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £275,000 | £132,049 | £407,049 |
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 | 19.038 % | £52,354 | £327,354 |
| 3 Month Average | 38.172 % | £104,971 | £379,971 |
| 6 Month Average | 24.047 % | £66,128 | £341,128 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £575,000 | £575,000 | 4 MANOR WAY |
| 30 Oct 2023 | £706,035 | £690,000 | 2 AJAX AVENUE |
| 25 Aug 2023 | £661,939 | £650,000 | 42 MANOR WAY |
| 7 Jun 2023 | £478,591 | £469,000 | 7 AJAX AVENUE |
| 6 Apr 2023 | £667,485 | £655,000 | 24 MANOR WAY |
This house has a floor area of 49 sq meters or 535 sq feet when measured on 22 Jun 2010. Using an estimated price of £407,050 means this house is valued at £8,178 per sq meter (£759 per sq foot).
The average size of a house on COLINDEEP LANE is 70 sq meters (760 sq feet).