£1,847,634
This estimated value is based upon the latest sale price for the house of £1,173,800 on 11 Mar 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 |
---|---|
£1,173,800 | 11 Mar 2014 |
£400,000 | 31 Jan 2001 |
Terraced |
Freehold |
Floor Area: 101 sq meters or 1,087 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 2014 the House Price Index for GREATER LONDON was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £1,173,800 results in an estimated price of approximately £1,847,634.
11 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 148.6 | 57.406 % | £1,173,800 | £673,834 | £1,847,634 |
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 | 45.174 % | £530,255 | £1,704,055 |
3 Month Average | 15.772 % | £185,126 | £1,358,926 |
6 Month Average | 27.408 % | £321,714 | £1,495,514 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £737,911 | £725,000 | FLAT A 18 ST PETERS STREET |
27 Sep 2023 | £1,853,701 | £1,830,000 | 18 CRUDEN STREET |
23 Aug 2023 | £1,715,003 | £1,700,000 | 17 CHANTRY 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 |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 23 Aug 2013. Using an estimated price of £1,847,634 means this house is valued at £18,293 per sq meter (£1,699 per sq foot).
The average size of a house on RALEIGH STREET is 121 sq meters (1,303 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Raleigh Street |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Peter'S Street |