£426,195
This estimated value is based upon the latest sale price for the house of £250,000 on 8 Nov 2012. 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 |
|---|---|
| £250,000 | 8 Nov 2012 |
| £235,000 | 11 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 November 2012 the House Price Index for GREATER LONDON was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £250,000 results in an estimated price of approximately £426,195.
| 8 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 149.7 | 70.478 % | £250,000 | £176,195 | £426,195 |
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 | 71.718 % | £179,295 | £429,295 |
| 3 Month Average | 69.630 % | £174,075 | £424,075 |
| 6 Month Average | 64.814 % | £162,035 | £412,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Feb 2023 | £599,001 | £595,000 | 16 DORCHESTER AVENUE |
| 20 Jan 2023 | £451,206 | £450,000 | 16 HAILSHAM TERRACE |
| 12 Jan 2023 | £300,804 | £300,000 | 6 CHEAPSIDE |
| 6 Jan 2023 | £576,540 | £575,000 | 18 DORCHESTER AVENUE |
| 30 Jun 2022 | £633,543 | £620,000 | 15 DORCHESTER AVENUE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 8 Aug 2012. Using an estimated price of £426,196 means this house is valued at £4,486 per sq meter (£416 per sq foot).
The average size of a house on NORTH CIRCULAR ROAD is 96 sq meters (1,043 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Drugs | Local resolution | On or near Taplow Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Franlaw Crescent |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Franlaw Crescent |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Franlaw Crescent |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Franlaw Crescent |