£2,401,330
This estimated value is based upon the latest sale price for the house of £2,350,000 on 1 Jun 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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23 Ferme Park Road, Stroud Green, N4 4DS
Phone: 02080338551
Price Paid | Date |
---|---|
£2,350,000 | 1 Jun 2022 |
£360,000 | 22 Jul 2000 |
£239,000 | 7 Mar 1997 |
Detached |
Freehold |
Floor Area: 227 sq meters or 2,443 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 June 2022 the House Price Index for GREATER LONDON was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £2,350,000 results in an estimated price of approximately £2,401,330.
1 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 149.7 | 2.184 % | £2,350,000 | £51,330 | £2,401,330 |
The Postcode Pricing Model uses changes in average sales price within the N8 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 | 0.866 % | £20,340 | £2,370,340 |
3 Month Average | 0.086 % | £2,031 | £2,352,031 |
6 Month Average | -7.199 % | £-169,172 | £2,180,827 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £426,400 | £417,000 | 25A RIDGE ROAD |
6 Sep 2023 | £1,491,376 | £1,458,500 | 54 RIDGE ROAD |
25 Aug 2023 | £763,775 | £750,000 | 51C RIDGE ROAD |
23 Jun 2023 | £454,100 | £445,000 | 47D RIDGE ROAD |
24 Apr 2023 | £2,196,076 | £2,155,000 | 53 RIDGE ROAD |
This house has a floor area of 227 sq meters or 2,443 sq feet when measured on 11 Jun 2019. Using an estimated price of £2,401,331 means this house is valued at £10,578 per sq meter (£982 per sq foot).
The average size of a house on RIDGE ROAD is 102 sq meters (1,099 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Ridge Road |
Apr 2024 | Anti-social behaviour | On or near Ridge Road | |
Apr 2024 | Anti-social behaviour | On or near Ridge Road | |
Apr 2024 | Anti-social behaviour | On or near Ridge Road | |
Apr 2024 | Anti-social behaviour | On or near Ridge Road |