£719,687
This estimated value is based upon the latest sale price for the house of £520,000 on 17 Dec 2015. 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 |
|---|---|
| £520,000 | 17 Dec 2015 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 December 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £520,000 results in an estimated price of approximately £719,687.
| 17 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £520,000 | £199,687 | £719,687 |
The Postcode Pricing Model uses changes in average sales price within the N13 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 | -17.453 % | £-90,753 | £429,246 |
| 3 Month Average | -13.209 % | £-68,684 | £451,315 |
| 6 Month Average | -5.104 % | £-26,538 | £493,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £722,727 | £713,000 | 1 BIRCH AVENUE |
| 21 Jul 2023 | £613,254 | £605,000 | 68 THE LARCHES |
| 3 Apr 2023 | £737,941 | £729,995 | 76 THE LARCHES |
| 1 Mar 2022 | £616,576 | £595,000 | 171 HEDGE LANE |
| 23 Sep 2021 | £595,370 | £552,500 | 24 ASH GROVE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 17 Aug 2015. Using an estimated price of £719,687 means this house is valued at £6,313 per sq meter (£586 per sq foot).
The average size of a house on THE LARCHES is 106 sq meters (1,147 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Hedge Lane |