£593,690
This estimated value is based upon the latest sale price for the house of £500,000 on 7 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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329 Bowes Road, London, N11 1BA
Phone: 02080220738
| Price Paid | Date |
|---|---|
| £500,000 | 7 Sep 2020 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 September 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £500,000 results in an estimated price of approximately £593,690.
| 7 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £500,000 | £93,690 | £593,690 |
The Postcode Pricing Model uses changes in average sales price within the N11 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 | 42.476 % | £212,380 | £712,380 |
| 3 Month Average | 55.622 % | £278,108 | £778,108 |
| 6 Month Average | 38.946 % | £194,731 | £694,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £558,265 | £550,000 | 14 PEVENSEY AVENUE |
| 31 Mar 2023 | £676,372 | £670,000 | 87 OLLERTON ROAD |
| 21 Sep 2022 | £545,594 | £550,000 | 24 OLLERTON ROAD |
| 25 Aug 2022 | £728,040 | £730,000 | 27 OLLERTON ROAD |
| 19 Jul 2022 | £626,787 | £625,100 | 45 OLLERTON ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 20 Feb 2020. Using an estimated price of £593,691 means this house is valued at £6,524 per sq meter (£606 per sq foot).
The average size of a house on PEVENSEY AVENUE is 117 sq meters (1,267 sq feet).