£458,998
This estimated value is based upon the latest sale price for the house of £250,000 on 14 Oct 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Oak Avenue, London, N8 8LJ
Phone: 02081159838
Price Paid | Date |
---|---|
£250,000 | 14 Oct 2005 |
£224,995 | 10 May 2002 |
£173,500 | 31 Jul 2000 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 2005 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 83.599%.Applying this 83.599% change to the original purchase price of £250,000 results in an estimated price of approximately £458,998.
14 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 149.7 | 83.599 % | £250,000 | £208,998 | £458,998 |
The Postcode Pricing Model uses changes in average sales price within the N8 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 | 208.014 % | £520,035 | £770,035 |
3 Month Average | 110.799 % | £276,998 | £526,998 |
6 Month Average | 110.663 % | £276,657 | £526,657 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2024 | £827,183 | £820,000 | 43 NIGHTINGALE LANE |
9 Nov 2023 | £697,711 | £680,000 | 37 NIGHTINGALE LANE |
1 Aug 2023 | £1,028,551 | £1,010,000 | 6 NIGHTINGALE LANE |
27 Jun 2023 | £801,053 | £785,000 | 29A NIGHTINGALE LANE |
4 Apr 2023 | £1,233,063 | £1,210,000 | 60 LINZEE ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 29 Jun 2020. Using an estimated price of £458,999 means this house is valued at £6,557 per sq meter (£609 per sq foot).
The average size of a house on NIGHTINGALE LANE is 85 sq meters (921 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Nightingale Lane |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Nightingale Lane |
Apr 2024 | Public order | Under investigation | On or near Brook Road |