£560,568
This estimated value is based upon the latest sale price for the house of £462,000 on 11 Mar 2020. 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 |
---|---|
£462,000 | 11 Mar 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 71 sq meters or 764 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 March 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £462,000 results in an estimated price of approximately £560,568.
11 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £462,000 | £98,568 | £560,568 |
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 | -4.133 % | £-19,092 | £442,907 |
3 Month Average | 68.554 % | £316,721 | £778,721 |
6 Month Average | 23.700 % | £109,494 | £571,494 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Mar 2024 | £839,904 | £827,000 | 15A PRIORY ROAD |
18 Dec 2023 | £490,059 | £475,000 | 170 MIDDLE LANE |
1 Nov 2023 | £1,232,793 | £1,201,500 | 18 PRIORY ROAD |
1 Aug 2023 | £626,296 | £615,000 | FLAT 32 WELLINGTON ASHFORD AVENUE |
15 Jul 2022 | £571,729 | £566,000 | 164 MIDDLE LANE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 28 May 2020. Using an estimated price of £560,569 means this house is valued at £7,895 per sq meter (£733 per sq foot).
The average size of a house on PRIORY ROAD is 111 sq meters (1,202 sq feet).