£135,073
This estimated value is based upon the latest sale price for the house of £100,000 on 4 Mar 2016. 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 |
|---|---|
| £100,000 | 4 Mar 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 0 sq meters or 0 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 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £100,000 results in an estimated price of approximately £135,073.
| 4 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £100,000 | £35,073 | £135,073 |
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 | 51.661 % | £51,661 | £151,661 |
| 3 Month Average | 29.524 % | £29,524 | £129,524 |
| 6 Month Average | 23.411 % | £23,411 | £123,411 |
| 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 0 sq meters or 0 sq feet when measured on 17 May 2011. Using an estimated price of £135,074 means this house is valued at .
The average size of a house on MAGNETIC CRESCENT is 59 sq meters (636 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Magnetic Crescent | |
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Magnetic Crescent |
| Jan 2024 | Anti-social behaviour | On or near Magnetic Crescent | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Magnetic Crescent |
| Jan 2024 | Anti-social behaviour | On or near Magnetic Crescent |