£1,531,846
This estimated value is based upon the latest sale price for the house of £925,000 on 24 Sep 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Oak Avenue, London, N8 8LJ
Phone: 02081159838
| Price Paid | Date |
|---|---|
| £925,000 | 24 Sep 2013 |
| £825,000 | 17 Aug 2012 |
| £465,000 | 6 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 September 2013 the House Price Index for GREATER LONDON was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £925,000 results in an estimated price of approximately £1,531,846.
| 24 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.605 % | £925,000 | £606,846 | £1,531,846 |
The Postcode Pricing Model uses changes in average sales price within the N8 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 | 98.232 % | £908,646 | £1,833,646 |
| 3 Month Average | 38.817 % | £359,061 | £1,284,061 |
| 6 Month Average | 36.729 % | £339,744 | £1,264,744 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £2,135,623 | £2,070,000 | 62 PARK AVENUE SOUTH |
| 1 Nov 2023 | £1,436,463 | £1,400,000 | 25 BARRINGTON ROAD |
| 6 Sep 2023 | £1,533,812 | £1,500,000 | 60 PARK AVENUE SOUTH |
| 14 Feb 2023 | £1,359,079 | £1,350,000 | WESTBROOK BARRINGTON ROAD |
| 28 Jul 2022 | £1,641,447 | £1,625,000 | 73 PARK AVENUE SOUTH |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 1 Jun 2012. Using an estimated price of £1,531,846 means this house is valued at £13,205 per sq meter (£1,226 per sq foot).
The average size of a house on ABBEVILLE ROAD is 197 sq meters (2,120 sq feet).
This house is the smallest in the street with a floor area of 116 sq meters (1,248 sq feet).