£374,493
This estimated value is based upon the latest sale price for the house of £375,000 on 29 Jul 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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227 City Road, London, N1 7NA
Phone: 02081155535
| Price Paid | Date |
|---|---|
| £375,000 | 29 Jul 2022 |
| £400,000 | 9 Mar 2017 |
| £350,000 | 18 Aug 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 2022 the House Price Index for GREATER LONDON was 148.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.135%.Applying this -0.135% change to the original purchase price of £375,000 results in an estimated price of approximately £374,493.
| 29 Jul 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.0 | -0.135 % | £375,000 | £-506 | £374,493 |
The Postcode Pricing Model uses changes in average sales price within the N1 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 | -3.578 % | £-13,417 | £361,582 |
| 3 Month Average | -14.193 % | £-53,225 | £321,774 |
| 6 Month Average | -3.525 % | £-13,216 | £361,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £764,819 | £755,000 | 5 GODWIN CLOSE |
| 17 Nov 2023 | £349,487 | £345,000 | 18 SHAFTESBURY STREET |
| 28 Jul 2023 | £807,640 | £800,000 | 2 STURT STREET |
| 20 Apr 2023 | £504,752 | £501,000 | 3 NIAGARA CLOSE |
| 30 Nov 2022 | £378,856 | £385,000 | FLAT 59 NAPIER COURT CROPLEY STREET |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 27 Feb 2014. Using an estimated price of £374,494 means this house is valued at £7,642 per sq meter (£710 per sq foot).
The average size of a house on NAPIER GROVE is 85 sq meters (914 sq feet).