£334,675
This estimated value is based upon the latest sale price for the house of £199,995 on 31 Jul 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Concorde House, Grenville Place, London, NW7 3SA
Phone: 02035442542
Price Paid | Date |
---|---|
£199,995 | 31 Jul 2013 |
£66,000 | 27 Jan 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 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 2013 the House Price Index for GREATER LONDON was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £199,995 results in an estimated price of approximately £334,675.
31 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.5 | 149.7 | 67.342 % | £199,995 | £134,680 | £334,675 |
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 | 47.783 % | £95,564 | £295,559 |
3 Month Average | 65.848 % | £131,693 | £331,688 |
6 Month Average | 54.694 % | £109,384 | £309,379 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £963,303 | £938,850 | 30 DERWENT AVENUE |
17 Aug 2023 | £916,480 | £899,950 | 3 DOWNHURST AVENUE |
30 Mar 2023 | £981,389 | £965,000 | 35 DELAMERE GARDENS |
25 Nov 2022 | £696,742 | £700,000 | 47 GRENVILLE PLACE |
23 Nov 2022 | £711,672 | £715,000 | 1A DOWNHURST AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 22 Nov 2017. Using an estimated price of £334,675 means this house is valued at £4,781 per sq meter (£444 per sq foot).
The average size of a house on DOWNHURST AVENUE is 102 sq meters (1,105 sq feet).