£354,041
This estimated value is based upon the latest sale price for the house of £270,000 on 1 Dec 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Parson Street, London, NW4 1QD
Phone: 02036414223
| Price Paid | Date |
|---|---|
| £270,000 | 1 Dec 2016 |
| £239,999 | 26 Sep 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £270,000 results in an estimated price of approximately £354,041.
| 1 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £270,000 | £84,041 | £354,041 |
The Postcode Pricing Model uses changes in average sales price within the NW4 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 | -9.164 % | £-24,743 | £245,256 |
| 3 Month Average | 28.982 % | £78,252 | £348,252 |
| 6 Month Average | 21.630 % | £58,401 | £328,401 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £345,109 | £340,000 | FLAT 15 MADDISON COURT, 145 GREAT NORTH WAY |
| 31 Oct 2022 | £692,543 | £700,000 | 22 CHATSWORTH AVENUE |
| 27 Jan 2022 | £1,183,959 | £1,125,000 | 6 CHATSWORTH CLOSE |
| 21 Oct 2021 | £387,267 | £350,000 | FLAT 8 LIBERTY COURT, 141 GREAT NORTH WAY |
| 16 Aug 2021 | £412,778 | £370,000 | FLAT 9 LIBERTY COURT, 141 GREAT NORTH WAY |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 12 Mar 2016. Using an estimated price of £354,042 means this house is valued at £7,375 per sq meter (£685 per sq foot).
The average size of a house on GREAT NORTH WAY is 79 sq meters (859 sq feet).