£583,348
This estimated value is based upon the latest sale price for the house of £250,000 on 30 Jun 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Chase Side, Southgate, N14 5BP
Phone: 02034630157
Price Paid | Date |
---|---|
£250,000 | 30 Jun 2003 |
£220,000 | 10 Dec 2001 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 2003 the House Price Index for GREATER LONDON was 63.0.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 133.340%.Applying this 133.340% change to the original purchase price of £250,000 results in an estimated price of approximately £583,348.
30 Jun 2003 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
63.0 | 147.0 | 133.340 % | £250,000 | £333,348 | £583,348 |
The Postcode Pricing Model uses changes in average sales price within the N14 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 | -22.445 % | £-56,112 | £193,887 |
3 Month Average | 90.962 % | £227,405 | £477,405 |
6 Month Average | 165.572 % | £413,930 | £663,930 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £976,678 | £980,000 | 68 CROWN LANE |
17 May 2023 | £385,262 | £385,000 | FLAT 16 HERITAGE HOUSE, 42 CHASE SIDE |
27 Feb 2023 | £395,161 | £400,000 | FLAT 15 HERITAGE HOUSE, 42 CHASE SIDE |
16 May 2022 | £806,032 | £800,000 | 56 CROWN LANE |
25 Feb 2022 | £4,247,358 | £4,100,000 | 57 CROWN LANE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 1 Sep 2019. Using an estimated price of £583,349 means this house is valued at £8,578 per sq meter (£796 per sq foot).
The average size of a house on CHASE SIDE is 89 sq meters (958 sq feet).