£669,423
This estimated value is based upon the latest sale price for the house of £540,000 on 12 Aug 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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155 Hale Lane, Edgware, HA8 9QW
Phone: 02080224399
| Price Paid | Date |
|---|---|
| £540,000 | 12 Aug 2019 |
| £240,000 | 22 May 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £540,000 results in an estimated price of approximately £669,423.
| 12 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £540,000 | £129,423 | £669,423 |
The Postcode Pricing Model uses changes in average sales price within the HA8 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 | 53.556 % | £289,200 | £829,200 |
| 3 Month Average | 48.841 % | £263,742 | £803,742 |
| 6 Month Average | 21.872 % | £118,110 | £658,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jan 2023 | £650,237 | £648,500 | 126 DEANS LANE |
| 8 Aug 2022 | £646,021 | £643,000 | 17 LANESIDE |
| 18 Jul 2022 | £702,034 | £695,000 | 47 ORCHARD CRESCENT |
| 23 Sep 2021 | £689,336 | £635,000 | 17 ORCHARD CRESCENT |
| 19 May 2021 | £739,962 | £650,000 | 67 DEANS LANE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 6 Mar 2019. Using an estimated price of £669,424 means this house is valued at £8,264 per sq meter (£767 per sq foot).
The average size of a house on LANESIDE is 98 sq meters (1,064 sq feet).