£622,429
This estimated value is based upon the latest sale price for the house of £360,000 on 31 Jul 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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227 City Road, London, N1 7NA
Phone: 02081155535
| Price Paid | Date |
|---|---|
| £360,000 | 31 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 July 2006 the House Price Index for GREATER LONDON was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £360,000 results in an estimated price of approximately £622,429.
| 31 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.6 | 72.897 % | £360,000 | £262,429 | £622,429 |
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 | 125.351 % | £451,263 | £811,263 |
| 3 Month Average | 90.531 % | £325,910 | £685,910 |
| 6 Month Average | 110.945 % | £399,401 | £759,401 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Aug 2022 | £4,054,087 | £4,065,000 | 24 WENLOCK ROAD |
| 4 Feb 2022 | £1,594,016 | £1,520,000 | UNIT 1 7 WENLOCK ROAD |
| 29 Oct 2021 | £680,484 | £615,000 | UNIT 10 7 WENLOCK ROAD |
| 29 Sep 2021 | £852,914 | £791,500 | FLAT 24 SPENLOW APARTMENTS WENLOCK ROAD |
| 30 Jun 2021 | £611,567 | £570,000 | FLAT 28 SPENLOW APARTMENTS WENLOCK ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 9 Aug 2013. Using an estimated price of £622,429 means this house is valued at £9,020 per sq meter (£838 per sq foot).
The average size of a house on WENLOCK ROAD is 78 sq meters (845 sq feet).