£166,759
This estimated value is based upon the latest sale price for the house of £98,000 on 9 Oct 2006. 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 |
---|---|
£98,000 | 9 Oct 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 34 sq meters or 365 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 2006 the House Price Index for GREATER LONDON was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.163%.Applying this 70.163% change to the original purchase price of £98,000 results in an estimated price of approximately £166,759.
9 Oct 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 149.7 | 70.163 % | £98,000 | £68,759 | £166,759 |
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 | 122.832 % | £120,374 | £218,374 |
3 Month Average | 110.647 % | £108,434 | £206,434 |
6 Month Average | 100.998 % | £98,978 | £196,978 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2022 | £159,918 | £156,500 | 172 PLOWMAN CLOSE |
13 Sep 2021 | £169,349 | £156,000 | 178 PLOWMAN CLOSE |
27 Nov 2020 | £233,587 | £200,000 | 164 PLOWMAN CLOSE |
17 Sep 2019 | £127,313 | £103,000 | 181 PLOWMAN CLOSE |
28 Jun 2019 | £199,141 | £160,000 | 182 PLOWMAN CLOSE |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 4 May 2021. Using an estimated price of £166,759 means this house is valued at £4,904 per sq meter (£455 per sq foot).
The average size of a house on PLOWMAN CLOSE is 35 sq meters (383 sq feet).