£525,242
This estimated value is based upon the latest sale price for the house of £430,000 on 12 Nov 2019. 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 |
|---|---|
| £430,000 | 12 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £430,000 results in an estimated price of approximately £525,242.
| 12 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £430,000 | £95,242 | £525,242 |
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 | -1.573 % | £-6,762 | £423,237 |
| 3 Month Average | 6.894 % | £29,643 | £459,643 |
| 6 Month Average | 0.414 % | £1,781 | £431,781 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £552,989 | £550,000 | 3 MITCHELL ROAD |
| 13 Jan 2023 | £232,954 | £235,000 | 135 NORTH CIRCULAR ROAD |
| 6 Apr 2022 | £502,564 | £490,000 | 119 NORTH CIRCULAR ROAD |
| 1 Apr 2022 | £487,179 | £475,000 | 47 MITCHELL ROAD |
| 27 Aug 2021 | £500,000 | £450,000 | 99 NORTH CIRCULAR ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 19 Feb 2019. Using an estimated price of £525,242 means this house is valued at £5,414 per sq meter (£503 per sq foot).
The average size of a house on MITCHELL ROAD is 102 sq meters (1,106 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Owen Road | |
| Apr 2024 | Anti-social behaviour | On or near Owen Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Owen Road |
| Mar 2024 | Public order | Under investigation | On or near Owen Road |
| Jan 2024 | Anti-social behaviour | On or near Owen Road |