£1,621,558
This estimated value is based upon the latest sale price for the house of £960,000 on 6 Oct 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Highbury Park, Highbury, N5 2AB
Phone: 02081280510
| Price Paid | Date |
|---|---|
| £960,000 | 6 Oct 2006 |
| Terraced |
| Freehold |
| Floor Area: 176 sq meters or 1,894 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 October 2006 the House Price Index for GREATER LONDON was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £960,000 results in an estimated price of approximately £1,621,558.
| 6 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £960,000 | £661,558 | £1,621,558 |
The Postcode Pricing Model uses changes in average sales price within the N5 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 | 30.267 % | £290,559 | £1,250,559 |
| 3 Month Average | 59.816 % | £574,234 | £1,534,234 |
| 6 Month Average | 102.231 % | £981,414 | £1,941,414 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £1,045,478 | £1,030,000 | 93 KELVIN ROAD |
| 7 Jul 2023 | £1,723,192 | £1,700,000 | 79 KELVIN ROAD |
| 31 May 2022 | £2,354,362 | £2,310,000 | 32 MELODY LANE |
| 29 Mar 2022 | £2,000,566 | £1,930,560 | 10 MELODY LANE |
| 21 Mar 2022 | £357,510 | £345,000 | FLAT 4 ESCUAN LODGE ABERDEEN PARK |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 12 Jun 2019. Using an estimated price of £1,621,559 means this house is valued at £9,213 per sq meter (£855 per sq foot).
The average size of a house on MELODY LANE is 188 sq meters (2,028 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Melody Lane |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Melody Lane |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Melody Lane |
| Dec 2023 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Dec 2023 | Anti-social behaviour | On or near Further/Higher Educational Building |