£457,794
This estimated value is based upon the latest sale price for the house of £368,000 on 21 Sep 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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93a Stoke Newington Road, London, N16 8AA
Phone: 02080338987
| Price Paid | Date |
|---|---|
| £368,000 | 21 Sep 2018 |
| £150,000 | 14 Oct 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 2018 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £368,000 results in an estimated price of approximately £457,794.
| 21 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £368,000 | £89,794 | £457,794 |
The Postcode Pricing Model uses changes in average sales price within the N16 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 | 27.282 % | £100,397 | £468,397 |
| 3 Month Average | 18.158 % | £66,822 | £434,822 |
| 6 Month Average | 25.712 % | £94,620 | £462,620 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £711,152 | £695,000 | FLAT 1 35 FARLEIGH ROAD |
| 13 Oct 2023 | £271,159 | £265,000 | 105 SOMERFORD GROVE ESTATE |
| 2 Oct 2023 | £391,389 | £382,500 | FLAT 80 HINDLE HOUSE ARCOLA STREET |
| 28 Mar 2023 | £572,562 | £563,000 | 1 SOMERFORD GROVE ESTATE |
| 30 Sep 2022 | £879,413 | £880,000 | GROUND AND FIRST FLOOR MAISONETTE 21 FARLEIGH ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 14 Nov 2017. Using an estimated price of £457,794 means this house is valued at £7,504 per sq meter (£697 per sq foot).
The average size of a house on SOMERFORD GROVE ESTATE is 69 sq meters (752 sq feet).