£724,879
This estimated value is based upon the latest sale price for the house of £493,000 on 27 May 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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78 Green Lanes, Palmers Green, London, N13 6BE
Phone: 02034638352
| Price Paid | Date |
|---|---|
| £493,000 | 27 May 2015 |
| £493,000 | 27 May 2015 |
| £135,000 | 22 Apr 1999 |
| Terraced |
| Leasehold |
| Floor Area: 122 sq meters or 1,313 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 May 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £493,000 results in an estimated price of approximately £724,879.
| 27 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £493,000 | £231,879 | £724,879 |
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 | 43.263 % | £213,285 | £706,285 |
| 3 Month Average | 43.896 % | £216,405 | £709,405 |
| 6 Month Average | 39.530 % | £194,884 | £687,884 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 May 2022 | £790,597 | £770,000 | 2 NORFOLK AVENUE |
| 4 Apr 2022 | £207,484 | £200,000 | 7 ST PAULS RISE |
| 14 Feb 2022 | £316,937 | £300,000 | 21 MEDESENGE WAY |
| 12 Jan 2022 | £779,246 | £735,000 | 52 NORFOLK AVENUE |
| 4 Oct 2021 | £256,374 | £230,000 | 5 MEDESENGE WAY |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 16 May 2014. Using an estimated price of £724,880 means this house is valued at £5,941 per sq meter (£551 per sq foot).
The average size of a house on NORFOLK AVENUE is 105 sq meters (1,136 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Norfolk Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Norfolk Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Norfolk Avenue | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Godolphin Close |