£346,059
This estimated value is based upon the latest sale price for the house of £295,000 on 26 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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122 Philip Lane, London, N15 4JL
Phone: 02035445741
Price Paid | Date |
---|---|
£295,000 | 26 Oct 2020 |
£95,000 | 3 Dec 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 473 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 October 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £295,000 results in an estimated price of approximately £346,059.
26 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £295,000 | £51,059 | £346,059 |
The Postcode Pricing Model uses changes in average sales price within the N17 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 | -13.440 % | £-39,648 | £255,351 |
3 Month Average | -2.267 % | £-6,687 | £288,312 |
6 Month Average | -4.252 % | £-12,543 | £282,456 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £494,826 | £487,500 | 254 PHILIP LANE |
3 Nov 2023 | £537,965 | £530,000 | 71 HANDSWORTH ROAD |
6 Sep 2023 | £546,994 | £540,000 | 47D HANDSWORTH ROAD |
10 Jan 2022 | £731,424 | £695,000 | 88 GLOUCESTER ROAD |
23 Dec 2021 | £367,482 | £343,000 | 234B PHILIP LANE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 1 Jul 2020. Using an estimated price of £346,060 means this house is valued at £7,865 per sq meter (£730 per sq foot).
The average size of a house on HANDSWORTH ROAD is 88 sq meters (955 sq feet).
This house is the smallest in the street with a floor area of 44 sq meters (473 sq feet).