Full Address

GREEN COURT 1 HERMITAGE ROAD
LONDON
GREATER LONDON
UNITED KINGDOM
N4 1NS

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Transactions for this house
Price PaidDate
£313,00031 Oct 2018
House Details
Flats/Maisonettes
Leasehold

House Price Models

Land Registry House Price Index Model

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 2018 the House Price Index for GREATER LONDON was 123.4.

The House Price Index as of 1 Dec 2019 is 123.2 which is a change of -0.187%.

Applying this -0.187% change to the original purchase price of £313,000 gives us an estimated price now of around £312,413.

31 Oct 2018 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
123.4 123.2 -0.187 % £313,000 £-586 £312,413

The Postcode Pricing Model uses changes in average sales price within the N4 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 -12.931 % £-40,473 £272,526
3 Month Average 3.726 % £11,663 £324,663
6 Month Average -9.631 % £-30,145 £282,854

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In October 2018 the average sale price for the 50 nearest sales within two miles of GREEN COURT 1 HERMITAGE ROAD was £392,666.

In August 2020 the average sale price for the 50 nearest sales was £567,886. This is a change of 44.623%.

So taking the original purchase price of £313,000 and adjusting it by 44.623% gives an estimated price of £452,671.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 31 Oct 2018 Average price on 25 Aug 2020 % change Purchase Price Gain / Loss Estimated Price
£392,666 £567,886 44.623 % £313,000 £139,671 £452,671
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
28 Oct 2019 £623,421 £617,500 36 BEECHFIELD ROAD
1 Aug 2019 £625,534 £620,000 45 OAKDALE ROAD
31 Jul 2019 £610,657 £600,000 268 HERMITAGE ROAD
19 Jul 2019 £457,993 £450,000 236 HERMITAGE ROAD
24 May 2019 £361,044 £350,000 40 TIVERTON ROAD

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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