£763,875
This estimated value is based upon the latest sale price for the house of £499,950 on 30 Jul 2014. 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 |
---|---|
£499,950 | 30 Jul 2014 |
£355,000 | 16 Oct 2006 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 July 2014 the House Price Index for GREATER LONDON was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £499,950 results in an estimated price of approximately £763,875.
30 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 148.6 | 52.790 % | £499,950 | £263,925 | £763,875 |
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 | -37.503 % | £-187,494 | £312,455 |
3 Month Average | -22.030 % | £-110,139 | £389,810 |
6 Month Average | 19.279 % | £96,385 | £596,335 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Sep 2023 | £622,965 | £615,000 | 11 TITHE WALK |
11 Aug 2023 | £514,501 | £510,000 | 4 TITHE CLOSE |
14 Oct 2022 | £648,023 | £655,000 | 20 TITHE CLOSE |
14 Apr 2022 | £720,859 | £700,000 | 16A TITHE CLOSE |
25 Feb 2022 | £314,608 | £300,000 | 442 WATFORD WAY |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 19 Apr 2013. Using an estimated price of £763,876 means this house is valued at £8,213 per sq meter (£763 per sq foot).
The average size of a house on TITHE CLOSE is 101 sq meters (1,097 sq feet).