£453,309
This estimated value is based upon the latest sale price for the house of £420,000 on 14 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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565 Hertford Road, Enfield, EN3 5UL
Phone: 02036414212
| Price Paid | Date |
|---|---|
| £420,000 | 14 Dec 2021 |
| £170,000 | 9 Mar 2015 |
| Freehold |
| Floor Area: 79 sq meters or 850 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 December 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £420,000 results in an estimated price of approximately £453,309.
| 14 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £420,000 | £33,309 | £453,309 |
The Postcode Pricing Model uses changes in average sales price within the EN3 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 | 76.092 % | £319,586 | £739,586 |
| 3 Month Average | 30.158 % | £126,663 | £546,663 |
| 6 Month Average | 25.651 % | £107,732 | £527,732 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Oct 2022 | £286,543 | £287,500 | FLAT 17 FARADAY HOUSE, 1 VELOCITY WAY |
| 4 Oct 2022 | £234,218 | £235,000 | FLAT 24 FARADAY HOUSE, 1 VELOCITY WAY |
| 1 Aug 2022 | £276,292 | £275,000 | FLAT 27 FRANKLIN HOUSE, 3 VELOCITY WAY |
| 29 Jul 2022 | £224,752 | £222,500 | FLAT 3 FARADAY HOUSE, 1 VELOCITY WAY |
| 14 Dec 2021 | £453,309 | £420,000 | 385A ORDNANCE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 26 Mar 2015. Using an estimated price of £453,309 means this house is valued at £5,738 per sq meter (£533 per sq foot).
The average size of a house on ORDNANCE ROAD is 74 sq meters (805 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Medcalf Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Medcalf Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Medcalf Road |
| Jul 2024 | Drugs | Unable to prosecute suspect | On or near Medcalf Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Medcalf Road |