£512,085
This estimated value is based upon the latest sale price for the house of £370,000 on 3 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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62 Chase Side, Southgate, N14 5PA
Phone: 02080337640
Price Paid | Date |
---|---|
£370,000 | 3 Dec 2015 |
£247,500 | 5 May 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 84 sq meters or 904 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 December 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £370,000 results in an estimated price of approximately £512,085.
3 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.6 | 38.401 % | £370,000 | £142,085 | £512,085 |
The Postcode Pricing Model uses changes in average sales price within the N14 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 | -33.865 % | £-125,298 | £244,701 |
3 Month Average | -26.383 % | £-97,615 | £272,384 |
6 Month Average | 1.692 % | £6,260 | £376,260 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Feb 2023 | £399,731 | £400,000 | FLAT 15 HERITAGE HOUSE, 42 CHASE SIDE |
22 Aug 2022 | £19,946 | £20,000 | 60 CHASE SIDE |
25 Feb 2022 | £4,299,647 | £4,100,000 | 57 CROWN LANE |
30 Jun 2021 | £482,816 | £450,000 | FLAT 15 FRETWELL HOUSE, 44 CHASE SIDE |
16 Dec 2020 | £13,773 | £12,000 | CARD CENTRE, GROUND FLOOR SHOP 38 CHASE SIDE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 4 Mar 2019. Using an estimated price of £512,085 means this house is valued at £6,096 per sq meter (£566 per sq foot).
The average size of a house on CHASE SIDE is 89 sq meters (958 sq feet).