£377,483
This estimated value is based upon the latest sale price for the house of £308,000 on 12 Aug 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Cheapside, North Circular Road, Palmers Green, N13 5ED
Phone: 02081157045
| Price Paid | Date |
|---|---|
| £308,000 | 12 Aug 2019 |
| £260,000 | 17 Oct 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 636 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 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £308,000 results in an estimated price of approximately £377,483.
| 12 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.0 | 22.560 % | £308,000 | £69,483 | £377,483 |
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 | -13.849 % | £-42,653 | £265,346 |
| 3 Month Average | 3.440 % | £10,593 | £318,593 |
| 6 Month Average | 3.482 % | £10,723 | £318,723 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £331,119 | £330,000 | 40 MILLICENT GROVE |
| 23 Jun 2023 | £252,044 | £250,000 | 36 CHERRY BLOSSOM CLOSE |
| 1 Jul 2022 | £204,723 | £205,000 | 148 CHERRY BLOSSOM CLOSE |
| 1 Jun 2022 | £333,379 | £330,000 | 36 MILLICENT GROVE |
| 24 Feb 2022 | £261,115 | £250,000 | 124 CHERRY BLOSSOM CLOSE |
This house has a floor area of 59 sq meters or 636 sq feet when measured on 11 Jan 2010. Using an estimated price of £377,484 means this house is valued at £6,379 per sq meter (£592 per sq foot).
The average size of a house on MILLICENT GROVE is 67 sq meters (725 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cherry Blossom Close |
| Jan 2024 | Drugs | Under investigation | On or near Cherry Blossom Close |