£749,374
This estimated value is based upon the latest sale price for the house of £440,000 on 16 Aug 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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28 Westbury Avenue, Turnpike Lane, London, N22 6RS
Phone: 02080334818
Price Paid | Date |
---|---|
£440,000 | 16 Aug 2012 |
£275,000 | 30 Jan 2009 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,238 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 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £440,000 results in an estimated price of approximately £749,374.
16 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.312 % | £440,000 | £309,374 | £749,374 |
The Postcode Pricing Model uses changes in average sales price within the N22 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 | 155.505 % | £684,223 | £1,124,223 |
3 Month Average | 62.085 % | £273,175 | £713,175 |
6 Month Average | 77.129 % | £339,369 | £779,369 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2023 | £283,673 | £281,000 | 131 WILLINGDON ROAD |
16 Sep 2022 | £431,515 | £435,000 | 19 LAKEFIELD ROAD |
3 Aug 2022 | £398,926 | £400,000 | 19A LAKEFIELD ROAD |
26 May 2022 | £840,844 | £825,000 | 27 LAKEFIELD ROAD |
14 Apr 2022 | £484,006 | £470,000 | GROUND FLOOR FLAT 131 WILLINGDON ROAD |
This house has a floor area of 115 sq meters or 1,238 sq feet when measured on 30 Mar 2012. Using an estimated price of £749,375 means this house is valued at £6,512 per sq meter (£605 per sq foot).
The average size of a house on WILLINGDON ROAD is 103 sq meters (1,118 sq feet).