£575,436
This estimated value is based upon the latest sale price for the house of £430,000 on 2 Sep 2016. 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 |
---|---|
£430,000 | 2 Sep 2016 |
£265,000 | 28 Mar 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 2016 the House Price Index for GREATER LONDON was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £430,000 results in an estimated price of approximately £575,436.
2 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £430,000 | £145,436 | £575,436 |
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 | -32.035 % | £-137,749 | £292,250 |
3 Month Average | -12.242 % | £-52,641 | £377,358 |
6 Month Average | 7.369 % | £31,685 | £461,685 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Feb 2023 | £114,520 | £113,755 | FLAT 5 21 BERRY CLOSE |
6 Jan 2023 | £436,165 | £435,000 | 825 GREEN LANES |
26 Aug 2022 | £1,039,862 | £1,035,000 | 2A SHRUBBERY GARDENS |
25 Aug 2022 | £1,180,520 | £1,175,000 | 29 SHRUBBERY GARDENS |
19 Aug 2022 | £869,064 | £865,000 | 8 HAZELGREEN CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 10 Jan 2013. Using an estimated price of £575,436 means this house is valued at £8,462 per sq meter (£786 per sq foot).
The average size of a house on BERRY CLOSE is 62 sq meters (668 sq feet).