£588,243
This estimated value is based upon the latest sale price for the house of £385,000 on 24 Jul 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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70 Essex Road, London, N1 8LT
Phone: 02080338978
| Price Paid | Date |
|---|---|
| £385,000 | 24 Jul 2014 |
| £147,000 | 2 Mar 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 513 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 2014 the House Price Index for GREATER LONDON was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £385,000 results in an estimated price of approximately £588,243.
| 24 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £385,000 | £203,243 | £588,243 |
The Postcode Pricing Model uses changes in average sales price within the N1 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 | 14.382 % | £55,370 | £440,370 |
| 3 Month Average | 2.062 % | £7,937 | £392,937 |
| 6 Month Average | 19.857 % | £76,447 | £461,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £1,348,596 | £1,325,000 | 84 QUEENS HEAD STREET |
| 27 Sep 2023 | £1,853,701 | £1,830,000 | 18 CRUDEN STREET |
| 17 Jul 2023 | £871,733 | £860,000 | FLAT 3 29 CRUDEN STREET |
| 29 Mar 2023 | £1,483,981 | £1,470,000 | 14 COLEBROOKE PLACE |
| 7 Mar 2023 | £1,009,511 | £1,000,000 | APARTMENT 2 11 ELLIOTTS PLACE |
This house has a floor area of 47 sq meters or 513 sq feet when measured on 6 Nov 2008. Using an estimated price of £588,243 means this house is valued at £12,334 per sq meter (£1,145 per sq foot).
The average size of a house on RALEIGH MEWS is 61 sq meters (657 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Queen'S Head Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Queen'S Head Street |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Queen'S Head Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elliott'S Place |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Elliott'S Place |