£1,314,365
This estimated value is based upon the latest sale price for the house of £757,000 on 11 Nov 2011. 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 |
|---|---|
| £757,000 | 11 Nov 2011 |
| £535,000 | 24 Aug 2007 |
| £245,000 | 12 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 130 sq meters or 1,400 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 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £757,000 results in an estimated price of approximately £1,314,365.
| 11 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £757,000 | £557,365 | £1,314,365 |
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 | 77.654 % | £587,841 | £1,344,841 |
| 3 Month Average | 49.561 % | £375,175 | £1,132,175 |
| 6 Month Average | 59.656 % | £451,598 | £1,208,598 |
| 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 130 sq meters or 1,400 sq feet when measured on 12 Jul 2011. Using an estimated price of £1,314,365 means this house is valued at £10,101 per sq meter (£938 per sq foot).
The average size of a house on ELFORT ROAD is 125 sq meters (1,350 sq feet).