£240,759
This estimated value is based upon the latest sale price for the house of £139,250 on 5 Jul 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Cheapside, North Circular Road, Palmers Green, N13 5ED
Phone: 02081157045
Price Paid | Date |
---|---|
£139,250 | 5 Jul 2006 |
£65,500 | 31 Jul 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 441 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 July 2006 the House Price Index for GREATER LONDON was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £139,250 results in an estimated price of approximately £240,759.
5 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.9 | 148.6 | 72.897 % | £139,250 | £101,509 | £240,759 |
The Postcode Pricing Model uses changes in average sales price within the N13 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 | 75.546 % | £105,197 | £244,447 |
3 Month Average | 96.908 % | £134,944 | £274,194 |
6 Month Average | 106.573 % | £148,402 | £287,652 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £253,065 | £250,000 | 36 CHERRY BLOSSOM CLOSE |
1 Jul 2022 | £205,553 | £205,000 | 148 CHERRY BLOSSOM CLOSE |
15 Jun 2022 | £240,904 | £237,500 | 2 CHERRY BLOSSOM CLOSE |
24 Feb 2022 | £262,174 | £250,000 | 124 CHERRY BLOSSOM CLOSE |
30 Sep 2021 | £242,458 | £225,000 | 7 CHERRY BLOSSOM CLOSE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 6 Sep 2016. Using an estimated price of £240,759 means this house is valued at £5,872 per sq meter (£545 per sq foot).
The average size of a house on CHERRY BLOSSOM CLOSE is 44 sq meters (480 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cherry Blossom Close |
Jan 2024 | Drugs | Under investigation | On or near Cherry Blossom Close |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cherry Blossom Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Cherry Blossom Close |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Mitchell Road |