£1,603,054
This estimated value is based upon the latest sale price for the house of £940,000 on 29 May 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6 Vera Avenue, Grange Park, N21 1RA
Phone: 02036410068
Price Paid | Date |
---|---|
£940,000 | 29 May 2012 |
£550,000 | 29 Aug 2006 |
Detached |
Freehold |
Floor Area: 191 sq meters or 2,055 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 May 2012 the House Price Index for GREATER LONDON was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £940,000 results in an estimated price of approximately £1,603,054.
29 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 148.6 | 70.538 % | £940,000 | £663,054 | £1,603,054 |
The Postcode Pricing Model uses changes in average sales price within the N21 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 | 212.218 % | £1,994,848 | £2,934,848 |
3 Month Average | 43.937 % | £413,003 | £1,353,003 |
6 Month Average | 47.632 % | £447,741 | £1,387,741 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £964,276 | £950,000 | 2 GIBSON CLOSE |
27 Sep 2023 | £1,494,104 | £1,475,000 | 150 GREEN DRAGON LANE |
27 Sep 2023 | £1,114,247 | £1,100,000 | 107 VERA AVENUE |
14 Feb 2023 | £1,049,294 | £1,050,000 | 1 GIBSON CLOSE |
1 Jun 2022 | £811,468 | £800,000 | 95 VERA AVENUE |
This house has a floor area of 191 sq meters or 2,055 sq feet when measured on 23 Apr 2012. Using an estimated price of £1,603,054 means this house is valued at £8,392 per sq meter (£779 per sq foot).
The average size of a house on VERA AVENUE is 135 sq meters (1,458 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Gibson Close |
Dec 2023 | Burglary | Under investigation | On or near Uplands Way |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Uplands Way |