£18,352
This estimated value is based upon the latest sale price for the house of £15,000 on 24 Feb 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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850 Green Lanes, Winchmore Hill, N21 2RS
Phone: 02080331651
| Price Paid | Date |
|---|---|
| £15,000 | 24 Feb 2020 |
| £390,000 | 9 Jul 2019 |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £15,000 results in an estimated price of approximately £18,352.
| 24 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £15,000 | £3,352 | £18,352 |
The Postcode Pricing Model uses changes in average sales price within the N21 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 | -6.466 % | £-969 | £14,030 |
| 3 Month Average | -0.861 % | £-129 | £14,870 |
| 6 Month Average | -10.722 % | £-1,608 | £13,391 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £298,218 | £293,000 | FLAT 5 9 ELM PARK ROAD |
| 14 Aug 2023 | £312,736 | £310,000 | 850A GREEN LANES |
| 21 Jul 2023 | £263,547 | £260,000 | FLAT 4 9 ELM PARK ROAD |
| 28 Apr 2023 | £606,531 | £600,000 | VICARS MOOR LAWN TENNIS CLUB SHERBROOK GARDENS |
| 20 Jul 2022 | £611,646 | £610,000 | 937 GREEN LANES |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 5 Feb 2014. Using an estimated price of £18,352 means this house is valued at £269 per sq meter (£25 per sq foot).
The average size of a house on SHERBROOK GARDENS is 119 sq meters (1,288 sq feet).