£728,273
This estimated value is based upon the latest sale price for the house of £139,950 on 19 May 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Concorde House, Grenville Place, London, NW7 3SA
Phone: 02035442542
| Price Paid | Date |
|---|---|
| £139,950 | 19 May 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 1997 the House Price Index for GREATER LONDON was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £139,950 results in an estimated price of approximately £728,273.
| 19 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 149.7 | 420.381 % | £139,950 | £588,323 | £728,273 |
The Postcode Pricing Model uses changes in average sales price within the NW7 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 | 537.745 % | £752,574 | £892,524 |
| 3 Month Average | 493.357 % | £690,453 | £830,403 |
| 6 Month Average | 466.319 % | £652,613 | £792,563 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £963,303 | £938,850 | 30 DERWENT AVENUE |
| 1 Sep 2023 | £409,016 | £400,000 | 103A HALE DRIVE |
| 17 Aug 2023 | £916,480 | £899,950 | 3 DOWNHURST AVENUE |
| 14 Apr 2023 | £850,916 | £835,000 | 9 HALE DRIVE |
| 30 Mar 2023 | £981,389 | £965,000 | 35 DELAMERE GARDENS |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 15 Jul 2015. Using an estimated price of £728,274 means this house is valued at £4,920 per sq meter (£457 per sq foot).
The average size of a house on DERWENT AVENUE is 145 sq meters (1,568 sq feet).