£750,365
This estimated value is based upon the latest sale price for the house of £440,000 on 25 May 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Whitchurch Parade, Whitchurch Lane, Edgeware, HA8 6LR
Phone: 02036414425
| Price Paid | Date |
|---|---|
| £440,000 | 25 May 2012 |
| £250,000 | 12 Aug 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 May 2012 the House Price Index for GREATER LONDON was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £440,000 results in an estimated price of approximately £750,365.
| 25 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £440,000 | £310,365 | £750,365 |
The Postcode Pricing Model uses changes in average sales price within the HA8 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 | 147.082 % | £647,159 | £1,087,159 |
| 3 Month Average | 67.649 % | £297,656 | £737,656 |
| 6 Month Average | 59.656 % | £262,485 | £702,485 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £622,541 | £615,000 | 3 METHUEN ROAD |
| 9 Feb 2023 | £322,783 | £323,000 | 9 METHUEN CLOSE |
| 5 May 2022 | £657,387 | £645,000 | 26 MILFORD GARDENS |
| 11 Apr 2022 | £566,390 | £550,000 | 31 MILFORD GARDENS |
| 19 Jan 2022 | £326,246 | £310,000 | 34 METHUEN CLOSE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 5 Aug 2016. Using an estimated price of £750,366 means this house is valued at £6,884 per sq meter (£639 per sq foot).
The average size of a house on METHUEN ROAD is 91 sq meters (987 sq feet).