£614,457
This estimated value is based upon the latest sale price for the house of £530,000 on 11 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Sports/Recreation Area
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2 Cheapside, North Circular Road, Palmers Green, N13 5ED
Phone: 02081157045
| Price Paid | Date |
|---|---|
| £530,000 | 11 Nov 2020 |
| £425,000 | 12 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £530,000 results in an estimated price of approximately £614,457.
| 11 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £530,000 | £84,457 | £614,457 |
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 | -4.366 % | £-23,137 | £506,862 |
| 3 Month Average | 8.399 % | £44,513 | £574,513 |
| 6 Month Average | 2.100 % | £11,132 | £541,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jan 2023 | £711,648 | £715,000 | 162 BARROWELL GREEN |
| 29 Jul 2022 | £571,539 | £570,000 | 105 THE FAIRWAY |
| 15 Jun 2022 | £608,601 | £600,000 | 80 THE FAIRWAY |
| 1 Mar 2022 | £569,944 | £550,000 | 111 THE FAIRWAY |
| 11 Nov 2020 | £614,457 | £530,000 | 315 FIRS LANE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 2 Sep 2014. Using an estimated price of £614,457 means this house is valued at £6,904 per sq meter (£641 per sq foot).
The average size of a house on FIRS LANE is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Sports/Recreation Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rayleigh Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Rayleigh Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rayleigh Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Rayleigh Road |