£395,003
This estimated value is based upon the latest sale price for the house of £140,000 on 11 Jul 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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248 Hertford Road, Enfield, EN3 5BL
Phone: 02034783512
Price Paid | Date |
---|---|
£140,000 | 11 Jul 2002 |
Terraced |
Freehold |
Floor Area: 111 sq meters or 1,194 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 July 2002 the House Price Index for GREATER LONDON was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £140,000 results in an estimated price of approximately £395,003.
11 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 149.7 | 182.145 % | £140,000 | £255,003 | £395,003 |
The Postcode Pricing Model uses changes in average sales price within the EN1 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 | 195.916 % | £274,282 | £414,282 |
3 Month Average | 264.417 % | £370,183 | £510,183 |
6 Month Average | 212.349 % | £297,288 | £437,288 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £225,464 | £222,000 | FLAT 3 3 AUTUMN CLOSE |
24 Oct 2023 | £450,226 | £440,000 | 889 GREAT CAMBRIDGE ROAD |
16 Oct 2023 | £465,574 | £455,000 | 886 GREAT CAMBRIDGE ROAD |
27 Jan 2023 | £536,433 | £535,000 | 83 LINDEN GARDENS |
26 Nov 2021 | £490,284 | £450,000 | 914 GREAT CAMBRIDGE ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 27 Nov 2019. Using an estimated price of £395,004 means this house is valued at £3,558 per sq meter (£330 per sq foot).
The average size of a house on GREAT CAMBRIDGE ROAD is 86 sq meters (930 sq feet).