£575,206
This estimated value is based upon the latest sale price for the house of £250,000 on 22 Aug 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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649 Green Lanes, London, N8 0QY
Phone: 02036414305
| Price Paid | Date |
|---|---|
| £250,000 | 22 Aug 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2003 the House Price Index for GREATER LONDON was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £250,000 results in an estimated price of approximately £575,206.
| 22 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £250,000 | £325,206 | £575,206 |
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 | 159.567 % | £398,916 | £648,916 |
| 3 Month Average | 127.487 % | £318,716 | £568,716 |
| 6 Month Average | 143.993 % | £359,982 | £609,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Aug 2022 | £369,007 | £370,000 | FLAT 28 MOUNTVIEW COURT GREEN LANES |
| 22 Dec 2021 | £358,911 | £335,000 | FLAT 1 THE COLISEUM, 10 SALISBURY PROMENADE |
| 21 Dec 2021 | £535,689 | £500,000 | 638A GREEN LANES |
| 21 Dec 2021 | £423,194 | £395,000 | 638B GREEN LANES |
| 21 Dec 2021 | £423,194 | £395,000 | 638C GREEN LANES |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 18 Dec 2020. Using an estimated price of £575,207 means this house is valued at £4,916 per sq meter (£456 per sq foot).
The average size of a house on GREEN LANES is 76 sq meters (820 sq feet).