£1,619,316
This estimated value is based upon the latest sale price for the house of £1,353,750 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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71b Drayton Park, Islington, London, N5 1BF
Phone: 02035891589
Price Paid | Date |
---|---|
£1,353,750 | 25 Sep 2020 |
£712,500 | 26 Sep 2012 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 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 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £1,353,750 results in an estimated price of approximately £1,619,316.
25 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 149.7 | 19.617 % | £1,353,750 | £265,566 | £1,619,316 |
The Postcode Pricing Model uses changes in average sales price within the N5 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 | -5.095 % | £-68,977 | £1,284,772 |
3 Month Average | -22.906 % | £-310,091 | £1,043,658 |
6 Month Average | -8.240 % | £-111,543 | £1,242,206 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £1,032,714 | £1,006,500 | 64 ELFORT ROAD |
9 Jun 2023 | £994,939 | £975,000 | 168 DRAYTON PARK |
20 Nov 2020 | £1,722,705 | £1,475,000 | 192 HIGHBURY HILL |
25 Sep 2020 | £1,619,316 | £1,353,750 | 21 ELFORT ROAD |
24 Aug 2020 | £1,518,987 | £1,257,500 | 20 ELFORT ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 13 Jun 2012. Using an estimated price of £1,619,316 means this house is valued at £17,601 per sq meter (£1,635 per sq foot).
The average size of a house on ELFORT ROAD is 125 sq meters (1,350 sq feet).