£1,278,084
This estimated value is based upon the latest sale price for the house of £703,000 on 14 Aug 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Oak Avenue, London, N8 8LJ
Phone: 02081159838
| Price Paid | Date |
|---|---|
| £703,000 | 14 Aug 2009 |
| £173,000 | 7 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 131 sq meters or 1,416 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 August 2009 the House Price Index for GREATER LONDON was 82.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.804%.Applying this 81.804% change to the original purchase price of £703,000 results in an estimated price of approximately £1,278,084.
| 14 Aug 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 149.7 | 81.804 % | £703,000 | £575,084 | £1,278,084 |
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 | 95.232 % | £669,481 | £1,372,481 |
| 3 Month Average | 74.525 % | £523,909 | £1,226,909 |
| 6 Month Average | 79.966 % | £562,164 | £1,265,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £1,436,463 | £1,400,000 | 25 BARRINGTON ROAD |
| 14 Feb 2023 | £1,359,079 | £1,350,000 | WESTBROOK BARRINGTON ROAD |
| 25 Nov 2022 | £477,766 | £480,000 | 3 BUCKLEY COURT CARYSFORT ROAD |
| 16 Dec 2021 | £1,618,962 | £1,500,000 | 35 CARYSFORT ROAD |
| 21 Sep 2021 | £1,519,797 | £1,400,000 | 25 CARYSFORT ROAD |
This house has a floor area of 131 sq meters or 1,416 sq feet when measured on 3 Apr 2009. Using an estimated price of £1,278,085 means this house is valued at £9,710 per sq meter (£902 per sq foot).
The average size of a house on BARRINGTON ROAD is 152 sq meters (1,638 sq feet).