£489,280
This estimated value is based upon the latest sale price for the house of £275,000 on 14 Mar 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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111 Colindale Avenue, Colindale, London, NW9 5HB
Phone: 02081157113
Price Paid | Date |
---|---|
£275,000 | 14 Mar 2006 |
Semi-Detached |
Freehold |
Floor Area: 108 sq meters or 1,162 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 2006 the House Price Index for GREATER LONDON was 84.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.920%.Applying this 77.920% change to the original purchase price of £275,000 results in an estimated price of approximately £489,280.
14 Mar 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.1 | 149.7 | 77.920 % | £275,000 | £214,280 | £489,280 |
The Postcode Pricing Model uses changes in average sales price within the NW9 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 | 92.923 % | £255,537 | £530,537 |
3 Month Average | 120.722 % | £331,986 | £606,986 |
6 Month Average | 88.961 % | £244,643 | £519,643 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Oct 2023 | £706,035 | £690,000 | 2 AJAX AVENUE |
7 Jun 2023 | £478,591 | £469,000 | 7 AJAX AVENUE |
9 Nov 2020 | £562,945 | £482,000 | 13 CECIL ROAD |
24 Sep 2019 | £290,471 | £235,000 | FLAT 6 TOKYNGTON COURT COLINDEEP LANE |
26 Feb 2019 | £503,987 | £405,000 | 10 CECIL ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 4 Dec 2014. Using an estimated price of £489,281 means this house is valued at £4,530 per sq meter (£420 per sq foot).
The average size of a house on AJAX AVENUE is 77 sq meters (833 sq feet).
This house is the largest in the street with a floor area of 108 sq meters (1,162 sq feet).