£537,126
This estimated value is based upon the latest sale price for the house of £446,000 on 27 Jul 2020. 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 |
---|---|
£446,000 | 27 Jul 2020 |
£480,000 | 27 Mar 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 July 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £446,000 results in an estimated price of approximately £537,126.
27 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.0 | 20.432 % | £446,000 | £91,126 | £537,126 |
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 | -29.995 % | £-133,776 | £312,223 |
3 Month Average | 0.777 % | £3,465 | £449,465 |
6 Month Average | 0.083 % | £370 | £446,370 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2023 | £880,354 | £875,000 | FLAT 1 157 GREEN LANES |
4 Aug 2023 | £251,530 | £250,000 | 129 GREEN LANES |
24 Feb 2023 | £433,649 | £435,700 | FLAT 8 WINGATE HOUSE BURMA ROAD |
26 Oct 2022 | £1,315,446 | £1,335,000 | 5 STATHAM GROVE |
27 Nov 2020 | £554,243 | £480,000 | FLAT 6 SALWEEN HOUSE GREEN LANES |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 8 Dec 2014. Using an estimated price of £537,127 means this house is valued at £9,103 per sq meter (£845 per sq foot).
The average size of a house on GREEN LANES is 72 sq meters (782 sq feet).