£1,199,255
This estimated value is based upon the latest sale price for the house of £720,000 on 17 Jun 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Ferntower Road, London, N5 2JE
Phone: 02036419412
| Price Paid | Date |
|---|---|
| £720,000 | 17 Jun 2013 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2013 the House Price Index for GREATER LONDON was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £720,000 results in an estimated price of approximately £1,199,255.
| 17 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £720,000 | £479,255 | £1,199,255 |
The Postcode Pricing Model uses changes in average sales price within the N16 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 | 49.724 % | £358,014 | £1,078,014 |
| 3 Month Average | 40.685 % | £292,932 | £1,012,932 |
| 6 Month Average | 49.832 % | £358,791 | £1,078,791 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £1,454,121 | £1,434,550 | 58 WINSTON ROAD |
| 5 Apr 2023 | £429,626 | £425,000 | GARDEN FLAT 58 ALBION ROAD |
| 21 Nov 2022 | £330,991 | £335,000 | FLAT 6 19 ALBION ROAD |
| 12 Aug 2022 | £1,330,419 | £1,334,000 | 4 WINSTON ROAD |
| 10 Aug 2022 | £928,501 | £931,000 | GROUND FLOOR FLAT 49 ALBION ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 3 Apr 2015. Using an estimated price of £1,199,256 means this house is valued at £11,757 per sq meter (£1,092 per sq foot).
The average size of a house on ALBION ROAD is 73 sq meters (787 sq feet).