£489,068
This estimated value is based upon the latest sale price for the house of £90,000 on 2 Dec 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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71b Drayton Park, Islington, London, N5 1BF
Phone: 02035891589
| Price Paid | Date |
|---|---|
| £90,000 | 2 Dec 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 December 1996 the House Price Index for GREATER LONDON was 27.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 443.410%.Applying this 443.410% change to the original purchase price of £90,000 results in an estimated price of approximately £489,068.
| 2 Dec 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 149.7 | 443.410 % | £90,000 | £399,068 | £489,068 |
The Postcode Pricing Model uses changes in average sales price within the N5 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 | 447.699 % | £402,928 | £492,928 |
| 3 Month Average | 465.903 % | £419,312 | £509,312 |
| 6 Month Average | 505.651 % | £455,085 | £545,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £1,032,714 | £1,006,500 | 64 ELFORT ROAD |
| 20 Sep 2023 | £1,804,785 | £1,765,000 | 185 HIGHBURY HILL |
| 9 Jun 2023 | £994,939 | £975,000 | 168 DRAYTON PARK |
| 20 Jun 2022 | £1,665,604 | £1,630,000 | 187 HIGHBURY HILL |
| 24 Nov 2021 | £1,400,577 | £1,285,500 | 191 HIGHBURY HILL |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 23 Jul 2010. Using an estimated price of £489,069 means this house is valued at £8,887 per sq meter (£825 per sq foot).
The average size of a house on ELFORT ROAD is 125 sq meters (1,350 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).