£387,113
This estimated value is based upon the latest sale price for the house of £250,000 on 30 Jun 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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111 Colindale Avenue, Colindale, London, NW9 5HB
Phone: 02081157113
| Price Paid | Date |
|---|---|
| £250,000 | 30 Jun 2014 |
| £58,000 | 7 Jul 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 June 2014 the House Price Index for GREATER LONDON was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £250,000 results in an estimated price of approximately £387,113.
| 30 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £250,000 | £137,113 | £387,113 |
The Postcode Pricing Model uses changes in average sales price within the NW9 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 | 40.744 % | £101,859 | £351,859 |
| 3 Month Average | 61.974 % | £154,936 | £404,936 |
| 6 Month Average | 44.332 % | £110,830 | £360,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £575,000 | £575,000 | 4 MANOR WAY |
| 30 Oct 2023 | £706,035 | £690,000 | 2 AJAX AVENUE |
| 25 Aug 2023 | £661,939 | £650,000 | 42 MANOR WAY |
| 7 Jun 2023 | £478,591 | £469,000 | 7 AJAX AVENUE |
| 6 Apr 2023 | £667,485 | £655,000 | 24 MANOR WAY |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 30 Oct 2013. Using an estimated price of £387,113 means this house is valued at £6,048 per sq meter (£561 per sq foot).
The average size of a house on COLINDEEP LANE is 70 sq meters (760 sq feet).