£342,940
This estimated value is based upon the latest sale price for the house of £197,500 on 14 Dec 2011. 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 |
---|---|
£197,500 | 14 Dec 2011 |
£175,000 | 20 Oct 2005 |
£146,500 | 29 Oct 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 411 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 December 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £197,500 results in an estimated price of approximately £342,940.
14 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £197,500 | £145,440 | £342,940 |
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 | 109.392 % | £216,048 | £413,548 |
3 Month Average | 82.269 % | £162,482 | £359,982 |
6 Month Average | 59.124 % | £116,770 | £314,270 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Sep 2023 | £291,424 | £285,000 | 77 WINDMILL DRIVE |
30 Jun 2023 | £204,090 | £200,000 | 14 WINDMILL DRIVE |
31 Jan 2023 | £225,603 | £225,000 | 56 WINDMILL DRIVE |
7 Sep 2022 | £361,259 | £361,500 | 1 WINDMILL DRIVE |
16 Jun 2022 | £240,133 | £235,000 | 69 WINDMILL DRIVE |
This house has a floor area of 38 sq meters or 411 sq feet when measured on 16 Jun 2011. Using an estimated price of £342,941 means this house is valued at £8,965 per sq meter (£832 per sq foot).
The average size of a house on WINDMILL DRIVE is 43 sq meters (467 sq feet).