£1,085,480
This estimated value is based upon the latest sale price for the house of £985,000 on 11 Oct 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6 - 8 Vestry Street, London, N1 7RE
Phone: 02036418621
| Price Paid | Date |
|---|---|
| £985,000 | 11 Oct 2021 |
| £720,000 | 14 Jan 2011 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2021 the House Price Index for GREATER LONDON was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £985,000 results in an estimated price of approximately £1,085,480.
| 11 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.0 | 10.201 % | £985,000 | £100,480 | £1,085,480 |
The Postcode Pricing Model uses changes in average sales price within the N1 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 | 7.777 % | £76,604 | £1,061,604 |
| 3 Month Average | -18.584 % | £-183,051 | £801,948 |
| 6 Month Average | -7.192 % | £-70,845 | £914,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £379,877 | £375,000 | FLAT 22 CATHERWOOD COURT MURRAY GROVE |
| 23 Feb 2023 | £377,216 | £379,000 | FLAT 83 BLETCHLEY COURT WENLOCK STREET |
| 26 Apr 2022 | £1,128,205 | £1,100,000 | 5 WATERFRONT MEWS |
| 11 Oct 2021 | £1,085,480 | £985,000 | 2 WATERFRONT MEWS |
| 4 Dec 2020 | £1,028,771 | £900,000 | 6 WATERFRONT MEWS |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 27 Aug 2021. Using an estimated price of £1,085,480 means this house is valued at £11,671 per sq meter (£1,084 per sq foot).
The average size of a house on WATERFRONT MEWS is 117 sq meters (1,263 sq feet).
This house is the smallest in the street with a floor area of 93 sq meters (1,001 sq feet).