£518,017
This estimated value is based upon the latest sale price for the house of £420,000 on 1 Jul 2019. 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 |
|---|---|
| £420,000 | 1 Jul 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £420,000 results in an estimated price of approximately £518,017.
| 1 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £420,000 | £98,017 | £518,017 |
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 | -11.208 % | £-47,073 | £372,926 |
| 3 Month Average | 0.657 % | £2,759 | £422,759 |
| 6 Month Average | 4.163 % | £17,484 | £437,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jul 2023 | £542,299 | £535,000 | 19A CADDINGTON ROAD |
| 22 Apr 2022 | £849,584 | £825,000 | 43 CADDINGTON ROAD |
| 29 Jun 2021 | £536,457 | £499,995 | GROUND FLOOR FLAT 30 CADDINGTON ROAD |
| 22 Jun 2021 | £917,350 | £855,000 | 51 CADDINGTON ROAD |
| 25 Sep 2020 | £625,453 | £526,750 | 57 CRICKLEWOOD LANE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 15 Aug 2012. Using an estimated price of £518,017 means this house is valued at £7,731 per sq meter (£718 per sq foot).
The average size of a house on CADDINGTON ROAD is 123 sq meters (1,332 sq feet).