£548,263
This estimated value is based upon the latest sale price for the house of £249,950 on 2 Dec 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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93a Stoke Newington Road, London, N16 8AA
Phone: 02080338987
Price Paid | Date |
---|---|
£249,950 | 2 Dec 2003 |
£249,950 | 2 Dec 2003 |
£88,000 | 10 Jul 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 120 sq meters or 1,291 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 December 2003 the House Price Index for GREATER LONDON was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £249,950 results in an estimated price of approximately £548,263.
2 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 149.7 | 119.349 % | £249,950 | £298,313 | £548,263 |
The Postcode Pricing Model uses changes in average sales price within the E8 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 | 225.925 % | £564,698 | £814,648 |
3 Month Average | 229.051 % | £572,512 | £822,462 |
6 Month Average | 197.418 % | £493,447 | £743,397 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £590,125 | £585,000 | BASEMENT FLAT 88 CECILIA ROAD |
8 Mar 2024 | £2,945 | £2,900 | 88 CECILIA ROAD |
8 Sep 2023 | £341,529 | £334,000 | FLAT 4 94 - 96 CECILIA ROAD |
28 Apr 2023 | £810,153 | £795,000 | 57 CECILIA ROAD |
12 Apr 2023 | £382,148 | £375,000 | 49B CECILIA ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 25 Jul 2012. Using an estimated price of £548,263 means this house is valued at £4,568 per sq meter (£424 per sq foot).
The average size of a house on CECILIA ROAD is 90 sq meters (975 sq feet).