£2,273,135
This estimated value is based upon the latest sale price for the house of £780,000 on 16 May 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 High Road, London, N2 9PJ
Phone: 02034630547
Price Paid | Date |
---|---|
£780,000 | 16 May 2002 |
£487,000 | 20 Oct 1999 |
£490,000 | 27 May 1999 |
Semi-Detached |
Freehold |
Floor Area: 216 sq meters or 2,325 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 May 2002 the House Price Index for GREATER LONDON was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £780,000 results in an estimated price of approximately £2,273,135.
16 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
51.0 | 148.6 | 191.428 % | £780,000 | £1,493,135 | £2,273,135 |
The Postcode Pricing Model uses changes in average sales price within the N2 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 | 56.274 % | £438,939 | £1,218,939 |
3 Month Average | 177.665 % | £1,385,789 | £2,165,789 |
6 Month Average | 211.905 % | £1,652,856 | £2,432,856 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £3,368,064 | £3,325,000 | 23 AYLMER ROAD |
9 Jan 2023 | £2,846,591 | £2,860,000 | 25 BANCROFT AVENUE |
8 Aug 2022 | £2,917,148 | £2,925,000 | 43 BANCROFT AVENUE |
5 Aug 2022 | £2,229,000 | £2,235,000 | 23 BANCROFT AVENUE |
15 Jul 2022 | £2,020,439 | £2,015,000 | 12 BANCROFT AVENUE |
This house has a floor area of 216 sq meters or 2,325 sq feet when measured on 3 Sep 2019. Using an estimated price of £2,273,136 means this house is valued at £10,523 per sq meter (£977 per sq foot).
The average size of a house on BANCROFT AVENUE is 249 sq meters (2,689 sq feet).