£510,574
This estimated value is based upon the latest sale price for the house of £430,000 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 4b, Unit 1, Thornton Road, London, N18 3BA
Phone: 02080221101
| Price Paid | Date |
|---|---|
| £430,000 | 25 Sep 2020 |
| £228,000 | 1 Mar 2005 |
| £78,000 | 8 Jan 1999 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 September 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £430,000 results in an estimated price of approximately £510,574.
| 25 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £430,000 | £80,574 | £510,574 |
The Postcode Pricing Model uses changes in average sales price within the N18 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 | 64.185 % | £275,996 | £705,996 |
| 3 Month Average | 50.727 % | £218,125 | £648,125 |
| 6 Month Average | 21.681 % | £93,228 | £523,228 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £180,000 | £180,000 | FLAT 2 222 MONTAGU ROAD |
| 1 Nov 2023 | £309,583 | £305,000 | 227 MONTAGU ROAD |
| 14 Jun 2022 | £410,805 | £405,000 | 110 MONTAGU ROAD |
| 16 May 2022 | £397,490 | £390,000 | 181 JEREMYS GREEN |
| 2 Mar 2022 | £284,972 | £275,000 | 41 JEREMYS GREEN |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 2 Dec 2019. Using an estimated price of £510,574 means this house is valued at £5,868 per sq meter (£545 per sq foot).
The average size of a house on MONTAGU ROAD is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Second Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Second Avenue |
| Dec 2023 | Anti-social behaviour | On or near Second Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Second Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Second Avenue |