£314,882
This estimated value is based upon the latest sale price for the house of £101,500 on 8 Feb 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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248 Hertford Road, Enfield, EN3 5BL
Phone: 02034783512
| Price Paid | Date |
|---|---|
| £101,500 | 8 Feb 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 February 2002 the House Price Index for GREATER LONDON was 48.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 210.229%.Applying this 210.229% change to the original purchase price of £101,500 results in an estimated price of approximately £314,882.
| 8 Feb 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 149.7 | 210.229 % | £101,500 | £213,382 | £314,882 |
The Postcode Pricing Model uses changes in average sales price within the EN1 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 | 159.094 % | £161,480 | £262,980 |
| 3 Month Average | 225.779 % | £229,165 | £330,665 |
| 6 Month Average | 258.876 % | £262,759 | £364,259 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £128,963 | £125,000 | 31 MAGPIE CLOSE |
| 1 Dec 2023 | £474,583 | £460,000 | 4 MEYER GREEN |
| 22 Oct 2021 | £390,134 | £350,000 | 20 MEYER GREEN |
| 21 Oct 2021 | £196,182 | £176,000 | 132 MAGPIE CLOSE |
| 14 May 2021 | £176,452 | £155,000 | 30 MAGPIE CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 4 Jan 2019. Using an estimated price of £314,882 means this house is valued at £4,255 per sq meter (£395 per sq foot).
The average size of a house on HOE LANE is 83 sq meters (899 sq feet).