£245,458
This estimated value is based upon the latest sale price for the house of £200,000 on 15 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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93a Stoke Newington Road, London, N16 8AA
Phone: 02080338987
| Price Paid | Date |
|---|---|
| £200,000 | 15 Nov 2018 |
| £110,000 | 17 Sep 2012 |
| £97,500 | 18 Feb 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 November 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £200,000 results in an estimated price of approximately £245,458.
| 15 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.729 % | £200,000 | £45,458 | £245,458 |
The Postcode Pricing Model uses changes in average sales price within the N16 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 | -7.151 % | £-14,302 | £185,697 |
| 3 Month Average | 4.441 % | £8,881 | £208,881 |
| 6 Month Average | 7.340 % | £14,680 | £214,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2023 | £566,060 | £563,000 | 1 SOMERFORD GROVE ESTATE |
| 1 Sep 2022 | £345,794 | £350,000 | 12C FARLEIGH ROAD |
| 12 Jul 2022 | £404,453 | £405,000 | 27 SOMERFORD GROVE ESTATE |
| 20 May 2022 | £456,790 | £450,000 | 35B SOMERFORD GROVE ESTATE |
| 1 Mar 2022 | £40,039,472 | £38,795,000 | SIMPSON HOUSE, 92 - 100 STOKE NEWINGTON ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 1 May 2012. Using an estimated price of £245,458 means this house is valued at £5,578 per sq meter (£518 per sq foot).
The average size of a house on SOMERFORD GROVE is 65 sq meters (706 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Somerford Grove |
| Apr 2024 | Vehicle crime | Under investigation | On or near Somerford Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Somerford Grove |
| Mar 2024 | Other crime | Under investigation | On or near Somerford Grove |
| Mar 2024 | Vehicle crime | Under investigation | On or near Somerford Grove |