£540,062
This estimated value is based upon the latest sale price for the house of £319,950 on 1 Feb 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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227 City Road, London, N1 7NA
Phone: 02081155535
Price Paid | Date |
---|---|
£319,950 | 1 Feb 2013 |
£200,000 | 12 May 2006 |
£85,000 | 17 Dec 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 74 sq meters or 796 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 February 2013 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 68.796%.Applying this 68.796% change to the original purchase price of £319,950 results in an estimated price of approximately £540,062.
1 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 148.6 | 68.796 % | £319,950 | £220,112 | £540,062 |
The Postcode Pricing Model uses changes in average sales price within the N1 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 | 60.129 % | £192,382 | £512,332 |
3 Month Average | 36.730 % | £117,517 | £437,467 |
6 Month Average | 57.235 % | £183,122 | £503,072 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £395,051 | £390,000 | FLAT 42 BLETCHLEY COURT WENLOCK STREET |
31 Jul 2023 | £1,733,329 | £1,710,000 | 67 CROPLEY STREET |
28 Jul 2023 | £810,914 | £800,000 | 2 STURT STREET |
23 Feb 2023 | £378,745 | £379,000 | FLAT 83 BLETCHLEY COURT WENLOCK STREET |
30 Nov 2022 | £380,392 | £385,000 | FLAT 59 NAPIER COURT CROPLEY STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 2 Sep 2015. Using an estimated price of £540,062 means this house is valued at £7,298 per sq meter (£678 per sq foot).
The average size of a house on SHAFTESBURY STREET is 63 sq meters (686 sq feet).