£647,326
This estimated value is based upon the latest sale price for the house of £530,000 on 23 Oct 2019. 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 |
|---|---|
| £530,000 | 23 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £530,000 results in an estimated price of approximately £647,326.
| 23 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £530,000 | £117,326 | £647,326 |
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 | 34.588 % | £183,316 | £713,316 |
| 3 Month Average | -0.778 % | £-4,121 | £525,878 |
| 6 Month Average | 3.534 % | £18,731 | £548,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £618,763 | £615,000 | 54 DORCHESTER AVENUE |
| 17 Aug 2023 | £498,029 | £495,000 | 96 DORCHESTER AVENUE |
| 25 Jul 2023 | £719,809 | £713,000 | 1 BIRCH AVENUE |
| 24 May 2022 | £497,394 | £490,000 | 56 DORCHESTER AVENUE |
| 1 Mar 2022 | £614,086 | £595,000 | 171 HEDGE LANE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 28 Mar 2019. Using an estimated price of £647,327 means this house is valued at £6,473 per sq meter (£601 per sq foot).
The average size of a house on HEDGE LANE is 115 sq meters (1,240 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Hedge Lane |
| Apr 2024 | Other theft | Under investigation | On or near Hedge Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hedge Lane |
| Feb 2024 | Anti-social behaviour | On or near Hedge Lane | |
| Feb 2024 | Other theft | Under investigation | On or near Hedge Lane |