£1,478,073
This estimated value is based upon the latest sale price for the house of £1,185,000 on 4 May 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Ferntower Road, London, N5 2JE
Phone: 02036419412
Price Paid | Date |
---|---|
£1,185,000 | 4 May 2018 |
£455,000 | 4 Sep 2009 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,011 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 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £1,185,000 results in an estimated price of approximately £1,478,073.
4 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £1,185,000 | £293,073 | £1,478,073 |
The Postcode Pricing Model uses changes in average sales price within the N16 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 | 16.260 % | £192,676 | £1,377,676 |
3 Month Average | 7.836 % | £92,851 | £1,277,851 |
6 Month Average | 11.235 % | £133,132 | £1,318,132 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £448,135 | £441,500 | 127 ALBION ROAD |
18 Aug 2023 | £1,215,635 | £1,205,000 | 122 WINSTON ROAD |
11 Aug 2023 | £665,825 | £660,000 | 75 ALBION ROAD |
22 Feb 2023 | £425,714 | £426,000 | 103B ALBION ROAD |
3 May 2022 | £1,865,144 | £1,830,000 | 105 ALBION ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 17 Nov 2017. Using an estimated price of £1,478,073 means this house is valued at £15,724 per sq meter (£1,460 per sq foot).
The average size of a house on REEDHOLM VILLAS is 131 sq meters (1,417 sq feet).