£328,103
This estimated value is based upon the latest sale price for the house of £175,000 on 26 Apr 2005. 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 |
---|---|
£175,000 | 26 Apr 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 39 sq meters or 429 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 2005 the House Price Index for GREATER LONDON was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £175,000 results in an estimated price of approximately £328,103.
26 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 149.7 | 87.488 % | £175,000 | £153,103 | £328,103 |
The Postcode Pricing Model uses changes in average sales price within the NW11 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 | 142.665 % | £249,663 | £424,663 |
3 Month Average | 173.673 % | £303,927 | £478,927 |
6 Month Average | 121.371 % | £212,399 | £387,399 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Sep 2023 | £419,242 | £410,000 | 17 WOODVALE WAY |
16 Feb 2023 | £347,320 | £345,000 | 70 WOODVALE WAY |
30 Aug 2022 | £663,101 | £660,000 | 12 COMPTON CLOSE |
24 Aug 2022 | £788,688 | £785,000 | 253 THE VALE |
18 Aug 2022 | £386,809 | £385,000 | 71 WOODVALE WAY |
This house has a floor area of 39 sq meters or 429 sq feet when measured on 28 May 2010. Using an estimated price of £328,104 means this house is valued at £8,225 per sq meter (£764 per sq foot).
The average size of a house on WOODVALE WAY is 44 sq meters (479 sq feet).