£774,804
This estimated value is based upon the latest sale price for the house of £595,000 on 3 Apr 2017. 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 |
---|---|
£595,000 | 3 Apr 2017 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 April 2017 the House Price Index for GREATER LONDON was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £595,000 results in an estimated price of approximately £774,804.
3 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 149.7 | 30.219 % | £595,000 | £179,804 | £774,804 |
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 | 10.024 % | £59,641 | £654,641 |
3 Month Average | 15.426 % | £91,786 | £686,786 |
6 Month Average | 2.010 % | £11,959 | £606,959 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £897,790 | £875,000 | 52 CUMBRIAN GARDENS |
8 Jun 2023 | £331,646 | £325,000 | 56 CHEVIOT GARDENS |
24 Mar 2023 | £634,598 | £624,000 | FLAT 1 4 CUMBRIAN GARDENS |
23 Jan 2023 | £726,942 | £725,000 | 63 CUMBRIAN GARDENS |
23 Jan 2023 | £651,741 | £650,000 | 62 CHEVIOT GARDENS |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 23 Nov 2015. Using an estimated price of £774,804 means this house is valued at £9,448 per sq meter (£877 per sq foot).
The average size of a house on CUMBRIAN GARDENS is 106 sq meters (1,149 sq feet).