£971,318
This estimated value is based upon the latest sale price for the house of £574,950 on 24 Nov 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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71b Drayton Park, Islington, London, N5 1BF
Phone: 02035891589
Price Paid | Date |
---|---|
£574,950 | 24 Nov 2006 |
£165,000 | 10 Jan 1997 |
Terraced |
Freehold |
Floor Area: 137 sq meters or 1,474 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 2006 the House Price Index for GREATER LONDON was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £574,950 results in an estimated price of approximately £971,318.
24 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 149.7 | 68.940 % | £574,950 | £396,368 | £971,318 |
The Postcode Pricing Model uses changes in average sales price within the N5 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 | 81.256 % | £467,181 | £1,042,131 |
3 Month Average | 76.108 % | £437,585 | £1,012,535 |
6 Month Average | 101.966 % | £586,251 | £1,161,201 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £1,032,714 | £1,006,500 | 64 ELFORT ROAD |
9 Jun 2023 | £994,939 | £975,000 | 168 DRAYTON PARK |
20 Nov 2020 | £1,722,705 | £1,475,000 | 192 HIGHBURY HILL |
25 Sep 2020 | £1,619,316 | £1,353,750 | 21 ELFORT ROAD |
24 Aug 2020 | £1,518,987 | £1,257,500 | 20 ELFORT ROAD |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 25 Oct 2012. Using an estimated price of £971,318 means this house is valued at £7,089 per sq meter (£658 per sq foot).
The average size of a house on ELFORT ROAD is 125 sq meters (1,350 sq feet).