£1,255,018
This estimated value is based upon the latest sale price for the house of £1,211,101 on 31 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Oak Avenue, London, N8 8LJ
Phone: 02081159838
Price Paid | Date |
---|---|
£1,211,101 | 31 Mar 2022 |
£800,000 | 15 Aug 2014 |
Terraced |
Freehold |
Floor Area: 105 sq meters or 1,130 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 March 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £1,211,101 results in an estimated price of approximately £1,255,018.
31 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £1,211,101 | £43,917 | £1,255,018 |
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 | -34.417 % | £-416,829 | £794,271 |
3 Month Average | -23.952 % | £-290,083 | £921,017 |
6 Month Average | 0.548 % | £6,633 | £1,217,734 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £1,294,160 | £1,275,000 | 93 MIDDLE LANE |
3 Apr 2023 | £482,192 | £477,000 | 63 MIDDLE LANE |
11 Aug 2022 | £598,389 | £600,000 | FLAT 2 71 MIDDLE LANE |
20 May 2022 | £535,082 | £525,000 | FLAT 2 LYNTON HOUSE, 53 MIDDLE LANE |
31 Mar 2022 | £1,255,018 | £1,211,101 | 44 CHESTNUT AVENUE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 7 Oct 2021. Using an estimated price of £1,255,018 means this house is valued at £11,952 per sq meter (£1,110 per sq foot).
The average size of a house on CHESTNUT AVENUE is 133 sq meters (1,440 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Palace Road |
Dec 2023 | Anti-social behaviour | On or near Middle Lane | |
Dec 2023 | Anti-social behaviour | On or near Middle Lane | |
Dec 2023 | Anti-social behaviour | On or near Middle Lane | |
Dec 2023 | Anti-social behaviour | On or near Middle Lane |