£1,743,231
This estimated value is based upon the latest sale price for the house of £1,600,000 on 15 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Wenlock Studios, 50-52 Wharf Road, Islington, London, N1 7EU
Phone: 02036411831
Price Paid | Date |
---|---|
£1,600,000 | 15 Nov 2021 |
£750,000 | 30 Nov 2006 |
£592,500 | 25 Aug 2005 |
Terraced |
Freehold |
Floor Area: 157 sq meters or 1,689 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 November 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £1,600,000 results in an estimated price of approximately £1,743,231.
15 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £1,600,000 | £143,231 | £1,743,231 |
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 | -23.714 % | £-379,417 | £1,220,582 |
3 Month Average | 0.683 % | £10,934 | £1,610,934 |
6 Month Average | -11.925 % | £-190,793 | £1,409,206 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £412,681 | £400,000 | GROUND FLOOR FLAT 81 ST PETERS STREET |
17 Nov 2023 | £2,141,869 | £2,087,500 | 13 ALLINGHAM STREET |
14 Sep 2023 | £788,379 | £771,000 | FIRE BRIGADES UNION FROME STREET |
7 Aug 2023 | £641,663 | £630,090 | 1B RHEIDOL TERRACE |
5 Apr 2023 | £978,298 | £960,000 | 28 ALLINGHAM STREET |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 17 Oct 2014. Using an estimated price of £1,743,231 means this house is valued at £11,103 per sq meter (£1,031 per sq foot).
The average size of a house on FROME STREET is 124 sq meters (1,344 sq feet).
This house is the largest in the street with a floor area of 157 sq meters (1,689 sq feet).