£397,621
This estimated value is based upon the latest sale price for the house of £215,000 on 22 May 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit C403, The Chocolate Factory, 5, Clarendon Road, London, N22 6JX
Phone: 02080339691
| Price Paid | Date |
|---|---|
| £215,000 | 22 May 2009 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 May 2009 the House Price Index for GREATER LONDON was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £215,000 results in an estimated price of approximately £397,621.
| 22 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.940 % | £215,000 | £182,621 | £397,621 |
The Postcode Pricing Model uses changes in average sales price within the N22 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 | -18.854 % | £-40,535 | £174,464 |
| 3 Month Average | 111.941 % | £240,673 | £455,673 |
| 6 Month Average | 133.116 % | £286,199 | £501,199 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £278,562 | £275,000 | 7 GLADSTONE MEWS |
| 30 Aug 2023 | £455,989 | £452,000 | 7 MOSELLE AVENUE |
| 29 Apr 2022 | £746,604 | £725,000 | 15 GLADSTONE AVENUE |
| 1 Mar 2022 | £284,972 | £275,000 | FLAT 4 PORTMAN HOUSE, 136 HIGH ROAD |
| 30 Jun 2021 | £482,816 | £450,000 | 30 MOSELLE AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 23 Oct 2019. Using an estimated price of £397,621 means this house is valued at £4,908 per sq meter (£456 per sq foot).
The average size of a house on PELHAM ROAD is 82 sq meters (891 sq feet).