£274,280
This estimated value is based upon the latest sale price for the house of £100,000 on 5 Aug 2002. 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 |
|---|---|
| £100,000 | 5 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 £100,000 results in an estimated price of approximately £274,280.
| 5 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £100,000 | £174,280 | £274,280 |
The Postcode Pricing Model uses changes in average sales price within the N15 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 | 136.412 % | £136,411 | £236,411 |
| 3 Month Average | 248.160 % | £248,159 | £348,159 |
| 6 Month Average | 242.524 % | £242,524 | £342,524 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £494,826 | £487,500 | 254 PHILIP LANE |
| 23 Jun 2022 | £484,953 | £478,100 | 149B PHILIP LANE |
| 7 Jan 2022 | £799,830 | £760,000 | 173 PHILIP LANE |
| 23 Dec 2021 | £367,482 | £343,000 | 234B PHILIP LANE |
| 22 Dec 2021 | £466,585 | £435,500 | 56 HANDSWORTH ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 30 Jan 2013. Using an estimated price of £274,280 means this house is valued at £3,226 per sq meter (£299 per sq foot).
The average size of a house on PHILIP LANE is 86 sq meters (930 sq feet).