£795,512
This estimated value is based upon the latest sale price for the house of £150,000 on 7 Feb 1997. 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 |
|---|---|
| £150,000 | 7 Feb 1997 |
| Detached |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 February 1997 the House Price Index for GREATER LONDON was 28.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 430.342%.Applying this 430.342% change to the original purchase price of £150,000 results in an estimated price of approximately £795,512.
| 7 Feb 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.2 | 149.7 | 430.342 % | £150,000 | £645,512 | £795,512 |
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 | 469.118 % | £703,676 | £853,676 |
| 3 Month Average | 429.837 % | £644,754 | £794,754 |
| 6 Month Average | 437.763 % | £656,643 | £806,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2022 | £798,735 | £795,000 | 69 LOWTHER DRIVE |
| 14 Jan 2022 | £742,139 | £700,000 | 35 LOWTHER DRIVE |
| 27 Aug 2021 | £797,950 | £710,000 | 82 LOWTHER DRIVE |
| 29 Jun 2021 | £734,989 | £680,000 | 53 LOWTHER DRIVE |
| 8 Oct 2020 | £785,875 | £665,000 | 168 LONSDALE DRIVE |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 5 May 2016. Using an estimated price of £795,512 means this house is valued at £5,165 per sq meter (£479 per sq foot).
The average size of a house on LOWTHER DRIVE is 117 sq meters (1,263 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Culgaith Gardens |