£489,590
This estimated value is based upon the latest sale price for the house of £178,500 on 8 Aug 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Netherby Gardens, Oakwood, Enfield, EN2 7PA
Phone: 02036414624
| Price Paid | Date |
|---|---|
| £178,500 | 8 Aug 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 2002 the House Price Index for GREATER LONDON was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £178,500 results in an estimated price of approximately £489,590.
| 8 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £178,500 | £311,090 | £489,590 |
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 | 101.251 % | £180,732 | £359,232 |
| 3 Month Average | 131.134 % | £234,074 | £412,574 |
| 6 Month Average | 128.181 % | £228,803 | £407,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £335,877 | £330,000 | FLAT 9 BALLENTYNE COURT, 17 NEWSHOLME DRIVE |
| 7 Aug 2023 | £418,663 | £415,000 | FLAT 8 RUTHERFORD COURT, 15 NEWSHOLME DRIVE |
| 11 Jul 2022 | £276,244 | £275,500 | FLAT 24 PENROSE HOUSE, 16 NEWSHOLME DRIVE |
| 28 Jan 2022 | £989,264 | £940,000 | 8 CHASEVILLE PARK ROAD |
| 28 Jan 2022 | £447,273 | £425,000 | FLAT 21 PENROSE HOUSE, 16 NEWSHOLME DRIVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 23 Dec 2013. Using an estimated price of £489,590 means this house is valued at £6,799 per sq meter (£631 per sq foot).
The average size of a house on CHASEVILLE PARK ROAD is 94 sq meters (1,021 sq feet).