£626,893
This estimated value is based upon the latest sale price for the house of £506,000 on 29 Jun 2018. 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 |
---|---|
£506,000 | 29 Jun 2018 |
Terraced |
Freehold |
Floor Area: 118 sq meters or 1,270 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 2018 the House Price Index for GREATER LONDON was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £506,000 results in an estimated price of approximately £626,893.
29 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.0 | 23.892 % | £506,000 | £120,893 | £626,893 |
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 | -39.304 % | £-198,878 | £307,121 |
3 Month Average | 9.328 % | £47,199 | £553,199 |
6 Month Average | 13.559 % | £68,608 | £574,608 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £618,763 | £615,000 | 54 DORCHESTER AVENUE |
17 Aug 2023 | £498,029 | £495,000 | 96 DORCHESTER AVENUE |
27 Mar 2023 | £191,033 | £190,000 | 24 ULSTER GARDENS |
24 May 2022 | £497,394 | £490,000 | 56 DORCHESTER AVENUE |
30 Jun 2021 | £566,354 | £530,000 | 63 DORCHESTER AVENUE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 30 Mar 2017. Using an estimated price of £626,893 means this house is valued at £5,312 per sq meter (£493 per sq foot).
The average size of a house on ULSTER GARDENS is 106 sq meters (1,143 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Ulster Gardens |
Apr 2024 | Vehicle crime | Under investigation | On or near Ulster Gardens |
Apr 2024 | Other theft | Under investigation | On or near Ulster Gardens |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Ulster Gardens |
Apr 2024 | Vehicle crime | Under investigation | On or near Dorchester Avenue |