£793,206
This estimated value is based upon the latest sale price for the house of £642,000 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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850 Green Lanes, Winchmore Hill, N21 2RS
Phone: 02080331651
| Price Paid | Date |
|---|---|
| £642,000 | 29 Nov 2019 |
| £112,000 | 31 Jan 1996 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £642,000 results in an estimated price of approximately £793,206.
| 29 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £642,000 | £151,206 | £793,206 |
The Postcode Pricing Model uses changes in average sales price within the N21 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 | -38.760 % | £-248,839 | £393,160 |
| 3 Month Average | -14.658 % | £-94,107 | £547,892 |
| 6 Month Average | 6.564 % | £42,139 | £684,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £302,289 | £293,000 | FLAT 5 9 ELM PARK ROAD |
| 14 Aug 2023 | £315,694 | £310,000 | 850A GREEN LANES |
| 15 Jul 2022 | £747,490 | £740,000 | 5 ELM PARK ROAD |
| 31 Mar 2022 | £326,229 | £312,500 | 6 MURLEY COURT GREEN LANES |
| 2 Feb 2022 | £295,808 | £280,000 | 854 GREEN LANES |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 28 Oct 2019. Using an estimated price of £793,207 means this house is valued at £8,262 per sq meter (£767 per sq foot).
The average size of a house on ELM PARK ROAD is 98 sq meters (1,059 sq feet).