£599,147
This estimated value is based upon the latest sale price for the house of £485,000 on 7 Jan 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Cheapside, North Circular Road, Palmers Green, N13 5ED
Phone: 02081157045
| Price Paid | Date |
|---|---|
| £485,000 | 7 Jan 2019 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 January 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £485,000 results in an estimated price of approximately £599,147.
| 7 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £485,000 | £114,147 | £599,147 |
The Postcode Pricing Model uses changes in average sales price within the N13 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 | -5.370 % | £-26,042 | £458,957 |
| 3 Month Average | 13.556 % | £65,746 | £550,746 |
| 6 Month Average | 5.469 % | £26,525 | £511,525 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £620,428 | £615,000 | 54 DORCHESTER AVENUE |
| 17 Aug 2023 | £499,369 | £495,000 | 96 DORCHESTER AVENUE |
| 20 Feb 2023 | £594,600 | £595,000 | 16 DORCHESTER AVENUE |
| 6 Jan 2023 | £572,304 | £575,000 | 18 DORCHESTER AVENUE |
| 30 Jun 2022 | £628,887 | £620,000 | 15 DORCHESTER AVENUE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 5 Sep 2018. Using an estimated price of £599,147 means this house is valued at £6,373 per sq meter (£592 per sq foot).
The average size of a house on HEDGE LANE is 115 sq meters (1,240 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Walden Avenue |
| Mar 2024 | Robbery | Under investigation | On or near Walden Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Walden Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Walden Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Walden Avenue |