£615,863
This estimated value is based upon the latest sale price for the house of £273,000 on 10 Oct 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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12 Bittacy Hill, Mill Hill, NW7 1LB
Phone: 02036415314
Price Paid | Date |
---|---|
£273,000 | 10 Oct 2003 |
£273,000 | 10 Oct 2003 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,013 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 October 2003 the House Price Index for GREATER LONDON was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £273,000 results in an estimated price of approximately £615,863.
10 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.4 | 149.7 | 125.591 % | £273,000 | £342,863 | £615,863 |
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 | 148.708 % | £405,974 | £678,974 |
3 Month Average | 133.098 % | £363,356 | £636,356 |
6 Month Average | 122.949 % | £335,650 | £608,650 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Feb 2023 | £654,371 | £650,000 | 54 SALCOMBE GARDENS |
20 Mar 2020 | £742,572 | £612,000 | 56 SALCOMBE GARDENS |
10 Dec 2019 | £710,611 | £575,000 | 32 SALCOMBE GARDENS |
26 Sep 2019 | £766,349 | £620,000 | 50 ENGEL PARK |
6 Jun 2018 | £773,194 | £617,000 | 130 ENGEL PARK |
This house has a floor area of 94 sq meters or 1,013 sq feet when measured on 21 Jan 2009. Using an estimated price of £615,864 means this house is valued at £6,537 per sq meter (£607 per sq foot).
The average size of a house on ENGEL PARK is 114 sq meters (1,233 sq feet).