£486,762
This estimated value is based upon the latest sale price for the house of £390,000 on 16 Mar 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Ferntower Road, London, N5 2JE
Phone: 02036419412
| Price Paid | Date |
|---|---|
| £390,000 | 16 Mar 2018 |
| £127,000 | 20 May 2002 |
| £54,500 | 17 Feb 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 March 2018 the House Price Index for GREATER LONDON was 118.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.811%.Applying this 24.811% change to the original purchase price of £390,000 results in an estimated price of approximately £486,762.
| 16 Mar 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.0 | 24.811 % | £390,000 | £96,762 | £486,762 |
The Postcode Pricing Model uses changes in average sales price within the N16 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 | 15.053 % | £58,704 | £448,704 |
| 3 Month Average | 7.786 % | £30,364 | £420,364 |
| 6 Month Average | 10.511 % | £40,994 | £430,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £251,530 | £250,000 | 129 GREEN LANES |
| 14 Mar 2023 | £442,391 | £440,000 | FLAT 4 126 PETHERTON ROAD |
| 28 Feb 2023 | £666,846 | £670,000 | 9 PEGASUS CLOSE |
| 24 Feb 2023 | £433,649 | £435,700 | FLAT 8 WINGATE HOUSE BURMA ROAD |
| 7 Feb 2023 | £427,976 | £430,000 | FLAT 6 126 PETHERTON ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 4 Mar 2014. Using an estimated price of £486,763 means this house is valued at £9,184 per sq meter (£853 per sq foot).
The average size of a house on GREEN LANES is 72 sq meters (782 sq feet).