£1,185,349
This estimated value is based upon the latest sale price for the house of £954,000 on 5 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Cadoxton Avenue, London, N15 6LB
Phone: 02036418528
Price Paid | Date |
---|---|
£954,000 | 5 Jul 2019 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,119 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 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £954,000 results in an estimated price of approximately £1,185,349.
5 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £954,000 | £231,349 | £1,185,349 |
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 | 108.202 % | £1,032,249 | £1,986,249 |
3 Month Average | -2.509 % | £-23,932 | £930,067 |
6 Month Average | 7.255 % | £69,213 | £1,023,213 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Jun 2024 | £800,000 | £800,000 | 16 WELLINGTON AVENUE |
4 Apr 2023 | £1,007,091 | £988,254 | 4 CLIFTON GARDENS |
28 Feb 2023 | £1,308,742 | £1,300,000 | 2 WELLINGTON AVENUE |
26 Jan 2023 | £1,052,813 | £1,050,000 | 5 CLIFTON GARDENS |
19 Oct 2022 | £1,345,506 | £1,350,000 | 8 CLIFTON GARDENS |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 15 Mar 2019. Using an estimated price of £1,185,349 means this house is valued at £11,397 per sq meter (£1,058 per sq foot).
The average size of a house on WELLINGTON AVENUE is 152 sq meters (1,638 sq feet).