£998,720
This estimated value is based upon the latest sale price for the house of £220,000 on 5 Jan 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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50-54 Clerkenwell Road, London, EC1M 5PS
Phone: 02034632552
| Price Paid | Date |
|---|---|
| £220,000 | 5 Jan 1999 |
| £180,000 | 2 Jul 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 92 sq meters or 990 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 January 1999 the House Price Index for GREATER LONDON was 32.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 353.964%.Applying this 353.964% change to the original purchase price of £220,000 results in an estimated price of approximately £998,720.
| 5 Jan 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 148.6 | 353.964 % | £220,000 | £778,720 | £998,720 |
The Postcode Pricing Model uses changes in average sales price within the EC1V 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 | 173.882 % | £382,540 | £602,540 |
| 3 Month Average | 419.348 % | £922,564 | £1,142,564 |
| 6 Month Average | 272.687 % | £599,911 | £819,911 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2022 | £952,564 | £925,000 | FLAT 5 8 NORTHBURGH STREET |
| 14 Feb 2022 | £943,825 | £900,000 | FLAT 7 THE ROOF GARDENS, 41 - 53 GOSWELL ROAD |
| 10 Sep 2021 | £1,241,387 | £1,152,000 | FLAT 6 8 NORTHBURGH STREET |
| 29 Jun 2021 | £1,105,112 | £1,030,000 | FLAT 4 ENCLAVE COURT, 2 DALLINGTON STREET |
| 15 Dec 2020 | £1,262,485 | £1,100,000 | FLAT 8 THE ROOF GARDENS, 41 - 53 GOSWELL ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 17 Jan 2014. Using an estimated price of £998,721 means this house is valued at £10,855 per sq meter (£1,008 per sq foot).
The average size of a house on NORTHBURGH STREET is 114 sq meters (1,233 sq feet).