£646,923
This estimated value is based upon the latest sale price for the house of £535,000 on 30 Jul 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 |
---|---|
£535,000 | 30 Jul 2020 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 July 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £535,000 results in an estimated price of approximately £646,923.
30 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £535,000 | £111,923 | £646,923 |
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 | -26.539 % | £-141,985 | £393,014 |
3 Month Average | 19.350 % | £103,524 | £638,524 |
6 Month Average | 5.247 % | £28,072 | £563,072 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £710,519 | £700,000 | 32 DRAYTON ROAD |
31 Mar 2023 | £421,976 | £418,000 | 131 THE AVENUE |
11 May 2022 | £601,331 | £590,000 | 12 WIMBORNE ROAD |
7 Mar 2022 | £489,634 | £472,500 | 15 CHANDOS ROAD |
25 Feb 2022 | £403,747 | £385,000 | 26 CHANDOS ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 14 Mar 2020. Using an estimated price of £646,923 means this house is valued at £8,086 per sq meter (£751 per sq foot).
The average size of a house on CHANDOS ROAD is 91 sq meters (984 sq feet).