£488,506
This estimated value is based upon the latest sale price for the house of £450,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6 - 8 Vestry Street, London, N1 7RE
Phone: 02036418621
Price Paid | Date |
---|---|
£450,000 | 30 Sep 2021 |
£204,000 | 24 Jun 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 September 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £450,000 results in an estimated price of approximately £488,506.
30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £450,000 | £38,506 | £488,506 |
The Postcode Pricing Model uses changes in average sales price within the N1 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 | -22.961 % | £-103,326 | £346,673 |
3 Month Average | -15.780 % | £-71,009 | £378,990 |
6 Month Average | -3.760 % | £-16,919 | £433,080 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 May 2024 | £470,000 | £470,000 | FLAT 51 MONEYER HOUSE PROVOST ESTATE |
26 Oct 2023 | £890,219 | £870,000 | FLAT 64 41 PROVOST STREET |
2 Jun 2023 | £352,055 | £345,000 | FLAT 43 MONEYER HOUSE PROVOST ESTATE |
31 Jan 2023 | £451,206 | £450,000 | FLAT 14 41 PROVOST STREET |
20 Jan 2023 | £280,750 | £280,000 | FLAT 8 NILE HOUSE PROVOST ESTATE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 17 Jun 2014. Using an estimated price of £488,506 means this house is valued at £10,855 per sq meter (£1,008 per sq foot).
The average size of a house on PROVOST STREET is 58 sq meters (626 sq feet).