£268,744
This estimated value is based upon the latest sale price for the house of £238,000 on 23 Apr 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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565 Hertford Road, Enfield, EN3 5UL
Phone: 02036414212
| Price Paid | Date |
|---|---|
| £238,000 | 23 Apr 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 629 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 April 2021 the House Price Index for GREATER LONDON was 131.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 12.918%.Applying this 12.918% change to the original purchase price of £238,000 results in an estimated price of approximately £268,744.
| 23 Apr 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 148.6 | 12.918 % | £238,000 | £30,744 | £268,744 |
The Postcode Pricing Model uses changes in average sales price within the EN3 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 | 83.044 % | £197,644 | £435,644 |
| 3 Month Average | 45.409 % | £108,073 | £346,073 |
| 6 Month Average | 15.419 % | £36,696 | £274,696 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £229,007 | £225,000 | FLAT 15 FERMI HOUSE, 4 VELOCITY WAY |
| 15 Feb 2023 | £229,845 | £230,000 | FLAT 5 FERMI HOUSE, 4 VELOCITY WAY |
| 21 Oct 2022 | £284,437 | £287,500 | FLAT 17 FARADAY HOUSE, 1 VELOCITY WAY |
| 4 Oct 2022 | £232,497 | £235,000 | FLAT 24 FARADAY HOUSE, 1 VELOCITY WAY |
| 1 Aug 2022 | £274,262 | £275,000 | FLAT 27 FRANKLIN HOUSE, 3 VELOCITY WAY |
This house has a floor area of 58 sq meters or 629 sq feet when measured on 21 Mar 2012. Using an estimated price of £268,745 means this house is valued at £4,593 per sq meter (£426 per sq foot).
The average size of a house on VELOCITY WAY is 52 sq meters (569 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Velocity Way | |
| Jan 2024 | Public order | Under investigation | On or near Velocity Way |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Velocity Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Velocity Way |
| Jan 2024 | Anti-social behaviour | On or near Velocity Way |