£569,595
This estimated value is based upon the latest sale price for the house of £412,000 on 15 Jan 2016. 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 |
|---|---|
| £412,000 | 15 Jan 2016 |
| Terraced |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 January 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £412,000 results in an estimated price of approximately £569,595.
| 15 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £412,000 | £157,595 | £569,595 |
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 | 41.127 % | £169,443 | £581,443 |
| 3 Month Average | 34.145 % | £140,675 | £552,675 |
| 6 Month Average | 32.183 % | £132,595 | £544,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £500,197 | £487,500 | 7 LISTER GARDENS |
| 16 Oct 2023 | £486,039 | £475,000 | 11 LODGE CLOSE |
| 3 Aug 2023 | £492,381 | £483,500 | 21 PASTEUR GARDENS |
| 3 Aug 2023 | £621,204 | £610,000 | 27 LISTER GARDENS |
| 24 Feb 2023 | £362,421 | £360,000 | 9 LISTER GARDENS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 29 May 2018. Using an estimated price of £569,595 means this house is valued at £6,780 per sq meter (£629 per sq foot).
The average size of a house on LODGE CLOSE is 104 sq meters (1,122 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Derwent Avenue |