£431,773
This estimated value is based upon the latest sale price for the house of £245,000 on 17 Oct 2008. 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 |
---|---|
£245,000 | 17 Oct 2008 |
Terraced |
Freehold |
Floor Area: 99 sq meters or 1,065 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 October 2008 the House Price Index for GREATER LONDON was 84.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.234%.Applying this 76.234% change to the original purchase price of £245,000 results in an estimated price of approximately £431,773.
17 Oct 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.9 | 149.7 | 76.234 % | £245,000 | £186,773 | £431,773 |
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 | 91.175 % | £223,377 | £468,377 |
3 Month Average | 93.588 % | £229,290 | £474,290 |
6 Month Average | 82.056 % | £201,037 | £446,037 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2023 | £205,209 | £200,000 | 150 CHERRY BLOSSOM CLOSE |
10 Mar 2023 | £559,341 | £550,000 | 3 MITCHELL ROAD |
13 Jan 2023 | £235,630 | £235,000 | 135 NORTH CIRCULAR ROAD |
6 Apr 2022 | £508,337 | £490,000 | 119 NORTH CIRCULAR ROAD |
1 Apr 2022 | £492,775 | £475,000 | 47 MITCHELL ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 14 Jul 2014. Using an estimated price of £431,774 means this house is valued at £4,361 per sq meter (£405 per sq foot).
The average size of a house on MITCHELL ROAD is 102 sq meters (1,106 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Drugs | Local resolution | On or near Mitchell Road |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mitchell Road |
Jul 2024 | Drugs | Unable to prosecute suspect | On or near Mitchell Road |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mitchell Road |
Aug 2024 | Anti-social behaviour | On or near Owen Road |