£677,409
This estimated value is based upon the latest sale price for the house of £247,000 on 27 Sep 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Ferntower Road, London, N5 2JE
Phone: 02036419412
| Price Paid | Date |
|---|---|
| £247,000 | 27 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 September 2002 the House Price Index for GREATER LONDON was 36.9.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 174.255%.Applying this 174.255% change to the original purchase price of £247,000 results in an estimated price of approximately £677,409.
| 27 Sep 2002 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.9 | 101.2 | 174.255 % | £247,000 | £430,409 | £677,409 |
The Postcode Pricing Model uses changes in average sales price within the N16 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 | 216.439 % | £534,603 | £781,603 |
| 3 Month Average | 180.921 % | £446,875 | £693,875 |
| 6 Month Average | 218.900 % | £540,684 | £787,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jul 2024 | £656,930 | £642,000 | BASEMENT FLAT 57 POETS ROAD |
| 18 Dec 2023 | £938,002 | £900,000 | 36 LIDFIELD ROAD |
| 13 Dec 2023 | £1,302,781 | £1,250,000 | 51 POETS ROAD |
| 24 Nov 2023 | £622,131 | £600,000 | UPPER GROUND FLOOR FLAT 57 POETS ROAD |
| 24 Nov 2023 | £461,414 | £445,000 | FLAT 43 NEWINGTON GREEN MANSIONS GREEN LANES |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 22 Nov 2019. Using an estimated price of £677,409 means this house is valued at £7,786 per sq meter (£723 per sq foot).
The average size of a house on GREEN LANES is 72 sq meters (782 sq feet).