£614,820
This estimated value is based upon the latest sale price for the house of £330,000 on 25 May 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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78 Lancaster Road, Enfield, EN2 0BX
Phone: 02036418763
| Price Paid | Date |
|---|---|
| £330,000 | 25 May 2009 |
| Terraced |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 May 2009 the House Price Index for GREATER LONDON was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £330,000 results in an estimated price of approximately £614,820.
| 25 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.309 % | £330,000 | £284,820 | £614,820 |
The Postcode Pricing Model uses changes in average sales price within the EN2 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 | 104.663 % | £345,387 | £675,387 |
| 3 Month Average | 95.012 % | £313,540 | £643,540 |
| 6 Month Average | 105.244 % | £347,305 | £677,305 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £598,184 | £583,000 | 26 ARMFIELD ROAD |
| 24 Jun 2022 | £495,594 | £485,000 | 14 ARMFIELD ROAD |
| 31 May 2022 | £324,453 | £316,000 | 31B ARMFIELD ROAD |
| 4 May 2022 | £357,309 | £348,000 | 60 DRAKE STREET |
| 31 Mar 2022 | £635,233 | £608,500 | 12 KYNASTON ROAD |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 21 Jan 2019. Using an estimated price of £614,820 means this house is valued at £4,766 per sq meter (£442 per sq foot).
The average size of a house on ARMFIELD ROAD is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Kynaston Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Kynaston Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Farr Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Apr 2024 | Burglary | Under investigation | On or near Supermarket |