£588,222
This estimated value is based upon the latest sale price for the house of £545,000 on 10 Dec 2021. 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 |
---|---|
£545,000 | 10 Dec 2021 |
£155,000 | 30 Nov 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £545,000 results in an estimated price of approximately £588,222.
10 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £545,000 | £43,222 | £588,222 |
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 | 6.655 % | £36,271 | £581,271 |
3 Month Average | -20.063 % | £-109,345 | £435,654 |
6 Month Average | -18.137 % | £-98,848 | £446,151 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £974,743 | £950,000 | 47 HAWTHORN ROAD |
24 Oct 2023 | £460,458 | £450,000 | 111A NORTH VIEW ROAD |
3 Feb 2023 | £1,273,507 | £1,265,000 | 27 HAWTHORN ROAD |
3 Feb 2023 | £684,573 | £680,000 | 7A HAWTHORN ROAD |
17 Jun 2022 | £1,144,464 | £1,120,000 | 83 SOUTH VIEW ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 24 Jul 2012. Using an estimated price of £588,223 means this house is valued at £9,643 per sq meter (£895 per sq foot).
The average size of a house on SOUTH VIEW ROAD is 87 sq meters (941 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near South View Road | |
Apr 2024 | Anti-social behaviour | On or near South View Road | |
Apr 2024 | Anti-social behaviour | On or near South View Road | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near South View Road |
Apr 2024 | Anti-social behaviour | On or near South View Road |