£217,606
This estimated value is based upon the latest sale price for the house of £120,000 on 16 Aug 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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23 Ferme Park Road, Stroud Green, N4 4DS
Phone: 02080338551
Price Paid | Date |
---|---|
£120,000 | 16 Aug 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 August 2005 the House Price Index for GREATER LONDON was 81.1.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 81.339%.Applying this 81.339% change to the original purchase price of £120,000 results in an estimated price of approximately £217,606.
16 Aug 2005 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.1 | 147.0 | 81.339 % | £120,000 | £97,606 | £217,606 |
The Postcode Pricing Model uses changes in average sales price within the N8 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 | 80.831 % | £96,996 | £216,996 |
3 Month Average | 134.373 % | £161,247 | £281,247 |
6 Month Average | 147.331 % | £176,797 | £296,797 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Jan 2024 | £535,000 | £535,000 | FLAT 11 42 MAYFIELD ROAD |
21 Jul 2023 | £499,321 | £500,000 | 33A MAYFIELD ROAD |
29 Nov 2022 | £332,093 | £340,000 | FLAT 5 42 MAYFIELD ROAD |
22 Aug 2022 | £394,102 | £400,000 | FLAT 8 42 MAYFIELD ROAD |
21 Feb 2022 | £517,970 | £500,000 | FLAT 2 42 MAYFIELD ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 3 Sep 2019. Using an estimated price of £217,607 means this house is valued at £3,200 per sq meter (£297 per sq foot).
The average size of a house on MAYFIELD ROAD is 105 sq meters (1,138 sq feet).