£492,050
This estimated value is based upon the latest sale price for the house of £287,500 on 3 Dec 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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8 The Promenade, Edgware, HA8 7JZ
Phone: 02081157256
| Price Paid | Date |
|---|---|
| £287,500 | 3 Dec 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 81 sq meters or 872 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 December 2010 the House Price Index for GREATER LONDON was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £287,500 results in an estimated price of approximately £492,050.
| 3 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 148.6 | 71.148 % | £287,500 | £204,550 | £492,050 |
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 | 156.823 % | £450,865 | £738,365 |
| 3 Month Average | 60.541 % | £174,056 | £461,556 |
| 6 Month Average | 69.761 % | £200,562 | £488,062 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £572,500 | £572,500 | 2 HARRODS GREEN |
| 13 Nov 2023 | £1,319,536 | £1,300,000 | 25 EDGWAREBURY LANE |
| 31 Jul 2023 | £395,321 | £390,000 | 3 EDGWAREBURY COURT EDGWAREBURY LANE |
| 13 Jun 2023 | £759,196 | £750,000 | 32 EDGWAREBURY GARDENS |
| 30 Jun 2021 | £954,903 | £890,000 | 77 EDGWAREBURY LANE |
This house has a floor area of 81 sq meters or 872 sq feet when measured on 22 Apr 2010. Using an estimated price of £492,051 means this house is valued at £6,067 per sq meter (£563 per sq foot).
The average size of a house on EDGWAREBURY LANE is 139 sq meters (1,503 sq feet).