£1,416,641
This estimated value is based upon the latest sale price for the house of £825,000 on 22 Feb 2011. 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 |
|---|---|
| £825,000 | 22 Feb 2011 |
| £183,000 | 9 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 February 2011 the House Price Index for GREATER LONDON was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £825,000 results in an estimated price of approximately £1,416,641.
| 22 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.714 % | £825,000 | £591,641 | £1,416,641 |
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 | 17.093 % | £141,018 | £966,018 |
| 3 Month Average | 38.519 % | £317,778 | £1,142,778 |
| 6 Month Average | 62.694 % | £517,227 | £1,342,227 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £1,329,686 | £1,310,000 | 29 DANVERS ROAD |
| 8 Sep 2023 | £1,846,104 | £1,822,500 | 16 WARNER ROAD |
| 28 Jul 2023 | £1,855,980 | £1,831,000 | 9 DANVERS ROAD |
| 16 Jun 2023 | £475,763 | £470,000 | 19A WARNER ROAD |
| 30 Mar 2023 | £585,516 | £580,000 | GROUND FLOOR FLAT 42 PARK AVENUE NORTH |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 15 Nov 2010. Using an estimated price of £1,416,642 means this house is valued at £10,191 per sq meter (£946 per sq foot).
The average size of a house on WARNER ROAD is 169 sq meters (1,827 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Redston Road | |
| Jan 2024 | Anti-social behaviour | On or near Redston Road | |
| Jan 2024 | Anti-social behaviour | On or near Redston Road | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Danvers Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Danvers Road |