£591,700
This estimated value is based upon the latest sale price for the house of £482,500 on 23 Oct 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 |
|---|---|
| £482,500 | 23 Oct 2019 |
| £246,000 | 28 May 2004 |
| £98,000 | 9 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £482,500 results in an estimated price of approximately £591,700.
| 23 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £482,500 | £109,200 | £591,700 |
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 | 34.588 % | £166,887 | £649,387 |
| 3 Month Average | -0.778 % | £-3,751 | £478,748 |
| 6 Month Average | 3.534 % | £17,052 | £499,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £354,533 | £350,000 | 6 MILLICENT GROVE |
| 14 Jul 2023 | £339,570 | £335,000 | 285A - 285B PRINCES AVENUE |
| 23 Jun 2023 | £253,065 | £250,000 | 36 CHERRY BLOSSOM CLOSE |
| 15 Jun 2022 | £240,904 | £237,500 | 2 CHERRY BLOSSOM CLOSE |
| 30 Sep 2021 | £242,458 | £225,000 | 7 CHERRY BLOSSOM CLOSE |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 16 Jul 2019. Using an estimated price of £591,701 means this house is valued at £4,415 per sq meter (£410 per sq foot).
The average size of a house on PRINCES AVENUE is 97 sq meters (1,049 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cherry Blossom Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cherry Blossom Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cherry Blossom Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cherry Blossom Close |
| Feb 2024 | Anti-social behaviour | On or near Cherry Blossom Close |