£388,428
This estimated value is based upon the latest sale price for the house of £248,000 on 26 Oct 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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22 Aldermans Hill, Palmers Green, N13 4PN
Phone: 02036411369
Price Paid | Date |
---|---|
£248,000 | 26 Oct 2007 |
£175,000 | 5 Aug 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 2007 the House Price Index for GREATER LONDON was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £248,000 results in an estimated price of approximately £388,428.
26 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 149.7 | 56.624 % | £248,000 | £140,428 | £388,428 |
The Postcode Pricing Model uses changes in average sales price within the N13 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 | 147.221 % | £365,107 | £613,107 |
3 Month Average | 62.376 % | £154,692 | £402,692 |
6 Month Average | 68.457 % | £169,774 | £417,774 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jun 2024 | £345,000 | £345,000 | 2 DAVEY CLOSE |
29 Nov 2023 | £348,855 | £340,000 | 12 DAVEY CLOSE |
25 Aug 2023 | £300,418 | £295,000 | 34 SHAPLAND WAY |
23 Aug 2023 | £721,004 | £708,000 | 63 PALMERSTON CRESCENT |
28 Apr 2023 | £138,592 | £136,000 | 18 DAVEY CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 9 Oct 2015. Using an estimated price of £388,428 means this house is valued at £6,583 per sq meter (£611 per sq foot).
The average size of a house on DAVEY CLOSE is 66 sq meters (720 sq feet).