£339,049
This estimated value is based upon the latest sale price for the house of £252,000 on 30 Jun 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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78 Green Lanes, Palmers Green, London, N13 6BE
Phone: 02034638352
| Price Paid | Date |
|---|---|
| £252,000 | 30 Jun 2016 |
| £52,000 | 11 Jul 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 June 2016 the House Price Index for GREATER LONDON was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £252,000 results in an estimated price of approximately £339,049.
| 30 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £252,000 | £87,049 | £339,049 |
The Postcode Pricing Model uses changes in average sales price within the N13 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 | -3.098 % | £-7,807 | £244,192 |
| 3 Month Average | 22.628 % | £57,023 | £309,023 |
| 6 Month Average | 17.514 % | £44,134 | £296,134 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Feb 2023 | £526,014 | £522,500 | 4 MEDESENGE WAY |
| 19 Jan 2023 | £526,407 | £525,000 | 18 MEDESENGE WAY |
| 18 May 2022 | £790,597 | £770,000 | 2 NORFOLK AVENUE |
| 14 Feb 2022 | £316,937 | £300,000 | 21 MEDESENGE WAY |
| 17 Dec 2021 | £237,448 | £220,000 | 38 MEDESENGE WAY |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 15 Mar 2016. Using an estimated price of £339,050 means this house is valued at £8,922 per sq meter (£828 per sq foot).
The average size of a house on MEDESENGE WAY is 52 sq meters (563 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Medesenge Way | |
| Sep 2024 | Anti-social behaviour | On or near Medesenge Way |