£596,128
This estimated value is based upon the latest sale price for the house of £350,000 on 17 Feb 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Oak Avenue, London, N8 8LJ
Phone: 02081159838
| Price Paid | Date |
|---|---|
| £350,000 | 17 Feb 2010 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,143 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 February 2010 the House Price Index for GREATER LONDON was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.322%.Applying this 70.322% change to the original purchase price of £350,000 results in an estimated price of approximately £596,128.
| 17 Feb 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.322 % | £350,000 | £246,128 | £596,128 |
The Postcode Pricing Model uses changes in average sales price within the N8 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 | 38.262 % | £133,917 | £483,917 |
| 3 Month Average | 46.480 % | £162,679 | £512,679 |
| 6 Month Average | 73.160 % | £256,060 | £606,060 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2022 | £852,178 | £862,500 | 4 SOUTH VIEW ROAD |
| 19 Jul 2022 | £516,390 | £515,000 | 44 NORTH VIEW ROAD |
| 19 Jul 2022 | £1,153,104 | £1,150,000 | 109 NIGHTINGALE LANE |
| 16 Jun 2022 | £1,242,560 | £1,225,000 | 60 SOUTH VIEW ROAD |
| 27 Nov 2020 | £1,057,910 | £912,500 | 117 NIGHTINGALE LANE |
This house has a floor area of 106 sq meters or 1,143 sq feet when measured on 16 Jun 2009. Using an estimated price of £596,128 means this house is valued at £5,613 per sq meter (£521 per sq foot).
The average size of a house on SOUTH VIEW ROAD is 87 sq meters (941 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near South View Road |