£367,243
This estimated value is based upon the latest sale price for the house of £200,000 on 24 Jul 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 4b, Unit 1, Thornton Road, London, N18 3BA
Phone: 02080221101
| Price Paid | Date |
|---|---|
| £200,000 | 24 Jul 2009 |
| £180,000 | 11 Nov 2005 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 934 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 2009 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £200,000 results in an estimated price of approximately £367,243.
| 24 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.622 % | £200,000 | £167,243 | £367,243 |
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 | 117.098 % | £234,195 | £434,195 |
| 3 Month Average | 125.361 % | £250,721 | £450,721 |
| 6 Month Average | 124.892 % | £249,784 | £449,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £436,069 | £425,000 | 18 MONTAGU CRESCENT |
| 31 Aug 2023 | £188,398 | £185,000 | 22A RAYS ROAD |
| 31 Aug 2023 | £173,122 | £170,000 | 22B RAYS ROAD |
| 28 Apr 2023 | £173,240 | £170,000 | 143 SWAYTHLING CLOSE |
| 30 Sep 2022 | £329,780 | £330,000 | 34 RAYS ROAD |
This house has a floor area of 86 sq meters or 934 sq feet when measured on 13 May 2009. Using an estimated price of £367,244 means this house is valued at £4,230 per sq meter (£393 per sq foot).
The average size of a house on RAYS ROAD is 89 sq meters (964 sq feet).