£788,697
This estimated value is based upon the latest sale price for the house of £517,000 on 14 Aug 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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122 Philip Lane, London, N15 4JL
Phone: 02035445741
Price Paid | Date |
---|---|
£517,000 | 14 Aug 2014 |
£114,000 | 4 May 1999 |
£89,000 | 1 Feb 1999 |
Terraced |
Freehold |
Floor Area: 123 sq meters or 1,323 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 August 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £517,000 results in an estimated price of approximately £788,697.
14 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £517,000 | £271,697 | £788,697 |
The Postcode Pricing Model uses changes in average sales price within the N17 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 | 63.737 % | £329,522 | £846,522 |
3 Month Average | 80.848 % | £417,982 | £934,982 |
6 Month Average | 58.620 % | £303,065 | £820,065 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £400,000 | £400,000 | GROUND FLOOR FLAT 77 BROADWATER ROAD |
26 Mar 2024 | £761,703 | £750,000 | 85 BROADWATER ROAD |
16 Jun 2023 | £826,564 | £810,000 | 69 BROADWATER ROAD |
16 Jun 2023 | £753,092 | £738,000 | 114 BROADWATER ROAD |
7 Oct 2022 | £343,852 | £345,000 | 63 BROADWATER ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 17 Apr 2013. Using an estimated price of £788,698 means this house is valued at £6,412 per sq meter (£595 per sq foot).
The average size of a house on BROADWATER ROAD is 93 sq meters (1,001 sq feet).