£559,213
This estimated value is based upon the latest sale price for the house of £449,995 on 18 Dec 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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28 Westbury Avenue, Turnpike Lane, London, N22 6RS
Phone: 02080334818
| Price Paid | Date |
|---|---|
| £449,995 | 18 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 December 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £449,995 results in an estimated price of approximately £559,213.
| 18 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £449,995 | £109,218 | £559,213 |
The Postcode Pricing Model uses changes in average sales price within the N22 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 | 37.475 % | £168,635 | £618,630 |
| 3 Month Average | 18.386 % | £82,736 | £532,731 |
| 6 Month Average | 24.936 % | £112,209 | £562,204 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £519,978 | £504,000 | 188 HEWITT AVENUE |
| 1 Dec 2023 | £670,606 | £650,000 | 243 GLADSTONE AVENUE |
| 3 Nov 2023 | £692,581 | £675,000 | 91 RUSSELL AVENUE |
| 1 Aug 2023 | £702,673 | £690,000 | 172 HEWITT AVENUE |
| 2 Jun 2023 | £535,736 | £525,000 | 129 RUSSELL AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 29 Aug 2018. Using an estimated price of £559,213 means this house is valued at £6,990 per sq meter (£649 per sq foot).
The average size of a house on LYMINGTON AVENUE is 87 sq meters (943 sq feet).