£475,402
This estimated value is based upon the latest sale price for the house of £305,000 on 7 Jan 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Cheapside, North Circular Road, Palmers Green, N13 5ED
Phone: 02081157045
Price Paid | Date |
---|---|
£305,000 | 7 Jan 2008 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,020 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 January 2008 the House Price Index for GREATER LONDON was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £305,000 results in an estimated price of approximately £475,402.
7 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.3 | 148.6 | 55.870 % | £305,000 | £170,402 | £475,402 |
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 | 67.049 % | £204,499 | £509,499 |
3 Month Average | 72.439 % | £220,938 | £525,938 |
6 Month Average | 76.356 % | £232,886 | £537,886 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £620,428 | £615,000 | 54 DORCHESTER AVENUE |
17 Aug 2023 | £499,369 | £495,000 | 96 DORCHESTER AVENUE |
27 Mar 2023 | £191,807 | £190,000 | 24 ULSTER GARDENS |
25 Aug 2022 | £528,577 | £530,000 | 202 HEDGE LANE |
24 May 2022 | £499,410 | £490,000 | 56 DORCHESTER AVENUE |
This house has a floor area of 94 sq meters or 1,020 sq feet when measured on 17 Jun 2009. Using an estimated price of £475,402 means this house is valued at £5,014 per sq meter (£465 per sq foot).
The average size of a house on DORCHESTER AVENUE is 104 sq meters (1,123 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Under investigation | On or near Dorchester Avenue |
Dec 2023 | Other theft | Under investigation | On or near Dorchester Avenue |
Jan 2024 | Anti-social behaviour | On or near Walden Avenue | |
Jan 2024 | Anti-social behaviour | On or near Walden Avenue | |
Jan 2024 | Anti-social behaviour | On or near Walden Avenue |