£765,414
This estimated value is based upon the latest sale price for the house of £562,500 on 17 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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23 High Road, Willesden, NW10 2TE
Phone: 02036419854
| Price Paid | Date |
|---|---|
| £562,500 | 17 Mar 2016 |
| £450,000 | 3 Sep 2013 |
| £320,000 | 27 Jul 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £562,500 results in an estimated price of approximately £765,414.
| 17 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £562,500 | £202,914 | £765,414 |
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 | 50.207 % | £282,411 | £844,911 |
| 3 Month Average | 25.484 % | £143,346 | £705,846 |
| 6 Month Average | 6.639 % | £37,342 | £599,842 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £535,000 | £535,000 | 193B MELROSE AVENUE |
| 14 Aug 2023 | £1,150,755 | £1,130,000 | 88 PARK AVENUE NORTH |
| 13 Jun 2022 | £306,553 | £300,000 | GROUND FLOOR FLAT 188 MELROSE AVENUE |
| 13 Jun 2022 | £459,829 | £450,000 | 188B MELROSE AVENUE |
| 13 Apr 2022 | £940,942 | £907,000 | 1 CHANIN MEWS |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 1 May 2015. Using an estimated price of £765,414 means this house is valued at £8,900 per sq meter (£826 per sq foot).
The average size of a house on GAY CLOSE is 104 sq meters (1,127 sq feet).