£481,725
This estimated value is based upon the latest sale price for the house of £290,000 on 31 Jul 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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487 Hornsey Road, Islington, London, N19 3QL
Phone: 02035445685
| Price Paid | Date |
|---|---|
| £290,000 | 31 Jul 2013 |
| £250,000 | 30 May 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 2013 the House Price Index for GREATER LONDON was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £290,000 results in an estimated price of approximately £481,725.
| 31 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £290,000 | £191,725 | £481,725 |
The Postcode Pricing Model uses changes in average sales price within the N19 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 | 0.576 % | £1,669 | £291,669 |
| 3 Month Average | 64.647 % | £187,477 | £477,477 |
| 6 Month Average | 48.445 % | £140,490 | £430,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £177,146 | £175,000 | FLAT 4 503 HORNSEY ROAD |
| 9 Feb 2023 | £459,691 | £460,000 | FLAT 2 180 COURTAULD ROAD |
| 1 Sep 2022 | £332,316 | £335,000 | 483B HORNSEY ROAD |
| 25 May 2022 | £315,953 | £310,000 | FLAT 1 503 HORNSEY ROAD |
| 25 Feb 2022 | £523,823 | £499,500 | FLAT 6 HARDY COURT, 2 CHARLES STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 25 Mar 2013. Using an estimated price of £481,726 means this house is valued at £9,089 per sq meter (£844 per sq foot).
The average size of a house on HORNSEY ROAD is 63 sq meters (682 sq feet).