£285,841
This estimated value is based upon the latest sale price for the house of £200,000 on 4 Sep 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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122 Philip Lane, London, N15 4JL
Phone: 02035445741
| Price Paid | Date |
|---|---|
| £200,000 | 4 Sep 2015 |
| £77,950 | 6 Sep 2001 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2015 the House Price Index for GREATER LONDON was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £200,000 results in an estimated price of approximately £285,841.
| 4 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £200,000 | £85,841 | £285,841 |
The Postcode Pricing Model uses changes in average sales price within the N15 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 | 43.329 % | £86,658 | £286,658 |
| 3 Month Average | 25.257 % | £50,514 | £250,514 |
| 6 Month Average | 23.621 % | £47,242 | £247,242 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £751,568 | £735,000 | 23 CLONMELL ROAD |
| 3 Aug 2022 | £901,214 | £897,000 | 17 DOWNHILLS PARK ROAD |
| 17 Jun 2022 | £388,300 | £380,000 | 7A DOWNHILLS PARK ROAD |
| 11 Mar 2022 | £746,412 | £715,000 | 10 ALTON ROAD |
| 7 Jan 2022 | £758,042 | £715,000 | 4 ALTON ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 20 Feb 2016. Using an estimated price of £285,841 means this house is valued at £4,083 per sq meter (£379 per sq foot).
The average size of a house on PHILIP LANE is 86 sq meters (930 sq feet).