£543,803
This estimated value is based upon the latest sale price for the house of £530,000 on 22 Nov 2023. 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 |
---|---|
£530,000 | 22 Nov 2023 |
£505,000 | 6 Jul 2018 |
£220,000 | 4 Apr 2005 |
£115,000 | 22 Jul 1998 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 968 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 November 2023 the House Price Index for GREATER LONDON was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £530,000 results in an estimated price of approximately £543,803.
22 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £530,000 | £13,803 | £543,803 |
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 | -5.421 % | £-28,730 | £501,269 |
3 Month Average | -21.685 % | £-114,932 | £415,067 |
6 Month Average | -11.517 % | £-61,042 | £468,957 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2024 | £615,000 | £615,000 | 95 NEW PARK AVENUE |
22 Nov 2023 | £543,804 | £530,000 | 79 NEW PARK AVENUE |
30 Oct 2023 | £521,852 | £510,000 | 83 NEW PARK AVENUE |
5 Oct 2023 | £585,293 | £572,000 | 143 NEW PARK AVENUE |
14 Sep 2023 | £526,609 | £515,000 | 21 PEMBROKE ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 19 Apr 2017. Using an estimated price of £543,804 means this house is valued at £6,042 per sq meter (£561 per sq foot).
The average size of a house on NEW PARK AVENUE is 89 sq meters (958 sq feet).