£285,034
This estimated value is based upon the latest sale price for the house of £180,000 on 18 Feb 2014. 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 |
---|---|
£180,000 | 18 Feb 2014 |
£84,000 | 23 Nov 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 716 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 2014 the House Price Index for GREATER LONDON was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £180,000 results in an estimated price of approximately £285,034.
18 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.8 | 148.6 | 58.353 % | £180,000 | £105,034 | £285,034 |
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 | 44.948 % | £80,906 | £260,906 |
3 Month Average | 51.010 % | £91,817 | £271,817 |
6 Month Average | 62.709 % | £112,876 | £292,876 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £354,533 | £350,000 | 11B BRIAR CLOSE |
23 Jan 2023 | £527,515 | £530,000 | 7 HARLOW ROAD |
29 Jul 2022 | £626,687 | £625,000 | 5 RYLSTON ROAD |
8 Jul 2022 | £486,309 | £485,000 | 22 RYLSTON ROAD |
30 Sep 2021 | £479,529 | £445,000 | 13 BRIAR CLOSE |
This house has a floor area of 66 sq meters or 716 sq feet when measured on 1 Oct 2011. Using an estimated price of £285,035 means this house is valued at £4,279 per sq meter (£397 per sq foot).
The average size of a house on MYRTLE ROAD is 93 sq meters (1,002 sq feet).