£190,397
This estimated value is based upon the latest sale price for the house of £120,000 on 8 Jun 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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288 Southbury Road, Enfield, EN1 1TR
Phone: 02080226106
Price Paid | Date |
---|---|
£120,000 | 8 Jun 2007 |
£54,995 | 10 Jun 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 2007 the House Price Index for GREATER LONDON was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £120,000 results in an estimated price of approximately £190,397.
8 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 148.6 | 58.665 % | £120,000 | £70,397 | £190,397 |
The Postcode Pricing Model uses changes in average sales price within the EN1 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 | 17.537 % | £21,044 | £141,044 |
3 Month Average | 53.290 % | £63,947 | £183,947 |
6 Month Average | 83.359 % | £100,030 | £220,030 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jul 2023 | £141,910 | £140,000 | 74 MAGPIE CLOSE |
27 Apr 2023 | £128,888 | £127,500 | 45 MAGPIE CLOSE |
9 Sep 2022 | £113,087 | £114,000 | 23 MAGPIE CLOSE |
29 Apr 2022 | £205,960 | £200,000 | 42 MAGPIE CLOSE |
21 Mar 2022 | £222,796 | £215,000 | 13 MAGPIE CLOSE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 4 Feb 2019. Using an estimated price of £190,397 means this house is valued at £4,231 per sq meter (£393 per sq foot).
The average size of a house on MAGPIE CLOSE is 36 sq meters (390 sq feet).