£598,713
This estimated value is based upon the latest sale price for the house of £480,000 on 10 May 2018. 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 |
|---|---|
| £480,000 | 10 May 2018 |
| £490,000 | 29 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 May 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £480,000 results in an estimated price of approximately £598,713.
| 10 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £480,000 | £118,713 | £598,713 |
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 | 116.473 % | £559,070 | £1,039,070 |
| 3 Month Average | 29.819 % | £143,130 | £623,130 |
| 6 Month Average | 20.689 % | £99,306 | £579,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2022 | £545,274 | £535,000 | 108 NEW PARK AVENUE |
| 8 Apr 2022 | £602,432 | £585,000 | 142 NEW PARK AVENUE |
| 24 Jun 2021 | £515,004 | £480,000 | 102 NEW PARK AVENUE |
| 30 Jul 2020 | £574,371 | £475,000 | 21 CONISCLIFFE ROAD |
| 27 Jul 2020 | £552,606 | £457,000 | 136 NEW PARK AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 5 Oct 2017. Using an estimated price of £598,713 means this house is valued at £6,803 per sq meter (£632 per sq foot).
The average size of a house on NEW PARK AVENUE is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Coniscliffe Road |