£458,996
This estimated value is based upon the latest sale price for the house of £249,999 on 5 Oct 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Cheapside, North Circular Road, Palmers Green, N13 5ED
Phone: 02081157045
| Price Paid | Date |
|---|---|
| £249,999 | 5 Oct 2005 |
| £165,000 | 31 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 October 2005 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £249,999 results in an estimated price of approximately £458,996.
| 5 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.599 % | £249,999 | £208,997 | £458,996 |
The Postcode Pricing Model uses changes in average sales price within the N13 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 | 213.236 % | £533,086 | £783,085 |
| 3 Month Average | 108.080 % | £270,199 | £520,198 |
| 6 Month Average | 104.616 % | £261,540 | £511,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £615,000 | £615,000 | 95 NEW PARK AVENUE |
| 22 Nov 2023 | £543,804 | £530,000 | 79 NEW PARK AVENUE |
| 30 Oct 2023 | £521,852 | £510,000 | 83 NEW PARK AVENUE |
| 5 Oct 2023 | £585,293 | £572,000 | 143 NEW PARK AVENUE |
| 18 Sep 2023 | £357,889 | £350,000 | 11B BRIAR CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 12 Apr 2013. Using an estimated price of £458,997 means this house is valued at £6,464 per sq meter (£600 per sq foot).
The average size of a house on PEMBROKE ROAD is 84 sq meters (910 sq feet).