£252,073
This estimated value is based upon the latest sale price for the house of £160,000 on 2 Mar 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Heritage Avenue, London, NW9 5FW
Phone: 02035446843
| Price Paid | Date |
|---|---|
| £160,000 | 2 Mar 2008 |
| £147,000 | 25 Feb 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 29 sq meters or 312 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 2008 the House Price Index for GREATER LONDON was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.546%.Applying this 57.546% change to the original purchase price of £160,000 results in an estimated price of approximately £252,073.
| 2 Mar 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.546 % | £160,000 | £92,073 | £252,073 |
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 | 0.483 % | £772 | £160,772 |
| 3 Month Average | 21.668 % | £34,669 | £194,669 |
| 6 Month Average | 66.999 % | £107,197 | £267,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £514,501 | £510,000 | 4 TITHE CLOSE |
| 6 Jan 2023 | £209,015 | £210,000 | 418A WATFORD WAY |
| 14 Oct 2022 | £648,023 | £655,000 | 20 TITHE CLOSE |
| 18 May 2022 | £262,955 | £258,000 | FLAT 2 CHADBURY COURT WATFORD WAY |
| 14 Apr 2022 | £720,859 | £700,000 | 16A TITHE CLOSE |
This house has a floor area of 29 sq meters or 312 sq feet when measured on 19 Mar 2013. Using an estimated price of £252,073 means this house is valued at £8,692 per sq meter (£807 per sq foot).
The average size of a house on WATFORD WAY is 88 sq meters (955 sq feet).
This house is the smallest in the street with a floor area of 29 sq meters (312 sq feet).