£550,538
This estimated value is based upon the latest sale price for the house of £365,000 on 20 Nov 2014. 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 |
---|---|
£365,000 | 20 Nov 2014 |
£100,000 | 25 May 1998 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 November 2014 the House Price Index for GREATER LONDON was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £365,000 results in an estimated price of approximately £550,538.
20 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 149.7 | 50.833 % | £365,000 | £185,538 | £550,538 |
The Postcode Pricing Model uses changes in average sales price within the N18 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 | 46.416 % | £169,418 | £534,418 |
3 Month Average | 61.534 % | £224,600 | £589,600 |
6 Month Average | 58.922 % | £215,064 | £580,064 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Sep 2023 | £715,779 | £700,000 | 41 PENTYRE AVENUE |
6 Jun 2023 | £459,202 | £450,000 | 44 PENTYRE AVENUE |
30 Nov 2021 | £522,915 | £479,950 | 7 DERWENT AVENUE |
12 Nov 2021 | £348,646 | £320,000 | 45 WINSFORD TERRACE |
29 Sep 2021 | £464,624 | £428,000 | 38 WINSFORD TERRACE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 27 Aug 2014. Using an estimated price of £550,539 means this house is valued at £6,881 per sq meter (£639 per sq foot).
The average size of a house on WEIR HALL GARDENS is 107 sq meters (1,154 sq feet).
This house is the smallest in the street with a floor area of 80 sq meters (861 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Robbery | Under investigation | On or near Derwent Avenue |
Apr 2024 | Other theft | Under investigation | On or near Derwent Avenue |
Apr 2024 | Public order | Under investigation | On or near North Circular Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near North Circular Road |