£542,317
This estimated value is based upon the latest sale price for the house of £530,000 on 11 Oct 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Ferntower Road, London, N5 2JE
Phone: 02036419412
Price Paid | Date |
---|---|
£530,000 | 11 Oct 2023 |
£295,000 | 12 Oct 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 497 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 October 2023 the House Price Index for GREATER LONDON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £530,000 results in an estimated price of approximately £542,317.
11 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £530,000 | £12,317 | £542,317 |
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 | 18.359 % | £97,303 | £627,303 |
3 Month Average | -22.605 % | £-119,806 | £410,193 |
6 Month Average | -17.603 % | £-93,294 | £436,705 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £785,125 | £761,000 | 34B BERESFORD ROAD |
17 Nov 2023 | £441,199 | £430,000 | 22C GROSVENOR AVENUE |
17 Oct 2023 | £767,430 | £750,000 | 8A PETHERTON ROAD |
11 Oct 2023 | £542,317 | £530,000 | FIRST FLOOR FLAT 39 PYRLAND ROAD |
19 Jun 2023 | £996,469 | £976,500 | 64C GROSVENOR AVENUE |
This house has a floor area of 46 sq meters or 497 sq feet when measured on 10 Jun 2011. Using an estimated price of £542,317 means this house is valued at £11,738 per sq meter (£1,090 per sq foot).
The average size of a house on PYRLAND ROAD is 102 sq meters (1,105 sq feet).