£843,232
This estimated value is based upon the latest sale price for the house of £590,000 on 16 Sep 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 |
|---|---|
| £590,000 | 16 Sep 2015 |
| £171,000 | 12 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 September 2015 the House Price Index for GREATER LONDON was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £590,000 results in an estimated price of approximately £843,232.
| 16 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £590,000 | £253,232 | £843,232 |
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 | 42.210 % | £249,036 | £839,036 |
| 3 Month Average | 22.308 % | £131,616 | £721,616 |
| 6 Month Average | 4.966 % | £29,301 | £619,301 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £765,000 | £765,000 | 35 HAMLET SQUARE |
| 11 Sep 2023 | £419,242 | £410,000 | 17 WOODVALE WAY |
| 14 Aug 2023 | £619,167 | £608,000 | 214 THE VALE |
| 16 Feb 2023 | £347,320 | £345,000 | 70 WOODVALE WAY |
| 21 Nov 2022 | £920,695 | £925,000 | 61 HAMLET SQUARE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 25 Feb 2015. Using an estimated price of £843,232 means this house is valued at £10,283 per sq meter (£955 per sq foot).
The average size of a house on HAMLET SQUARE is 113 sq meters (1,226 sq feet).