£856,576
This estimated value is based upon the latest sale price for the house of £470,000 on 12 Oct 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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The Hub, 34B York Way, N1 9AB
Phone: 02081282070
| Price Paid | Date |
|---|---|
| £470,000 | 12 Oct 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 2005 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £470,000 results in an estimated price of approximately £856,576.
| 12 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £470,000 | £386,576 | £856,576 |
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 | 143.182 % | £672,954 | £1,142,954 |
| 3 Month Average | 96.855 % | £455,219 | £925,219 |
| 6 Month Average | 109.511 % | £514,703 | £984,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Aug 2022 | £161,565 | £162,000 | FLAT 4 41 WHARFDALE ROAD |
| 4 Aug 2022 | £762,946 | £765,000 | 1 ALBION YARD |
| 29 Jul 2022 | £950,057 | £947,500 | 9 ALBION YARD |
| 11 Jul 2022 | £626,687 | £625,000 | 53B BALFE STREET |
| 11 Feb 2022 | £275,904 | £263,093 | FLAT 1 THE COPPERWORKS, 19 RAILWAY STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 8 Dec 2016. Using an estimated price of £856,577 means this house is valued at £11,421 per sq meter (£1,061 per sq foot).
The average size of a house on RAILWAY STREET is 52 sq meters (565 sq feet).
This house is the largest in the street with a floor area of 75 sq meters (807 sq feet).