£1,891,107
This estimated value is based upon the latest sale price for the house of £1,498,500 on 9 Oct 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Oak Avenue, London, N8 8LJ
Phone: 02081159838
Price Paid | Date |
---|---|
£1,498,500 | 9 Oct 2017 |
£865,000 | 5 Sep 2007 |
£225,000 | 24 Nov 1995 |
Semi-Detached |
Freehold |
Floor Area: 207 sq meters or 2,228 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 October 2017 the House Price Index for GREATER LONDON was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £1,498,500 results in an estimated price of approximately £1,891,107.
9 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.6 | 26.200 % | £1,498,500 | £392,607 | £1,891,107 |
The Postcode Pricing Model uses changes in average sales price within the N8 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 | -10.275 % | £-153,971 | £1,344,528 |
3 Month Average | 1.560 % | £23,377 | £1,521,877 |
6 Month Average | 24.233 % | £363,132 | £1,861,632 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £1,855,980 | £1,831,000 | 9 DANVERS ROAD |
25 Nov 2022 | £10,868 | £11,000 | 14 REDSTON ROAD |
23 Sep 2022 | £1,840,140 | £1,855,000 | 20 DANVERS ROAD |
26 Aug 2022 | £1,883,680 | £1,888,750 | 69 REDSTON ROAD |
6 May 2022 | £458,642 | £450,000 | FLAT 1 121 PRIORY ROAD |
This house has a floor area of 207 sq meters or 2,228 sq feet when measured on 30 Jun 2020. Using an estimated price of £1,891,108 means this house is valued at £9,135 per sq meter (£848 per sq foot).
The average size of a house on REDSTON ROAD is 160 sq meters (1,730 sq feet).
This house is the largest in the street with a floor area of 207 sq meters (2,228 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Danvers Road |
Jan 2024 | Theft from the person | Under investigation | On or near Farrer Mews |
Jan 2024 | Shoplifting | Under investigation | On or near Farrer Mews |
Jan 2024 | Burglary | Under investigation | On or near Farrer Mews |
Jan 2024 | Robbery | Under investigation | On or near Farrer Mews |