£580,632
This estimated value is based upon the latest sale price for the house of £470,000 on 22 Mar 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Cheapside, North Circular Road, Palmers Green, N13 5ED
Phone: 02081157045
Price Paid | Date |
---|---|
£470,000 | 22 Mar 2019 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,022 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £470,000 results in an estimated price of approximately £580,632.
22 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.539 % | £470,000 | £110,632 | £580,632 |
The Postcode Pricing Model uses changes in average sales price within the N13 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 | 82.088 % | £385,812 | £855,812 |
3 Month Average | 27.215 % | £127,909 | £597,909 |
6 Month Average | 32.004 % | £150,418 | £620,418 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £706,178 | £700,000 | 159 CONNAUGHT GARDENS |
3 Apr 2023 | £505,442 | £500,000 | 69 MUNSTER GARDENS |
10 Feb 2023 | £605,592 | £606,000 | 111 CONNAUGHT GARDENS |
7 Jan 2022 | £576,720 | £548,000 | 81 MUNSTER GARDENS |
27 Sep 2021 | £743,539 | £690,000 | 163 CONNAUGHT GARDENS |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 5 May 2018. Using an estimated price of £580,632 means this house is valued at £6,111 per sq meter (£567 per sq foot).
The average size of a house on ULSTER GARDENS is 106 sq meters (1,143 sq feet).