£337,811
This estimated value is based upon the latest sale price for the house of £272,500 on 14 Aug 2019. 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 |
---|---|
£272,500 | 14 Aug 2019 |
£91,000 | 25 Nov 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £272,500 results in an estimated price of approximately £337,811.
14 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £272,500 | £65,311 | £337,811 |
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 | 26.351 % | £71,806 | £344,306 |
3 Month Average | 35.478 % | £96,677 | £369,177 |
6 Month Average | 28.823 % | £78,542 | £351,042 |
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 |
12 Jan 2022 | £779,246 | £735,000 | 52 NORFOLK AVENUE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 4 May 2016. Using an estimated price of £337,811 means this house is valued at £6,032 per sq meter (£560 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 | |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Medesenge Way |