£510,880
This estimated value is based upon the latest sale price for the house of £300,000 on 14 Sep 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Melbourne Way
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24 Lynmouth Avenue, Enfield, EN1 2LR
Phone: 02034783183
Price Paid | Date |
---|---|
£300,000 | 14 Sep 2012 |
£91,500 | 24 Sep 1996 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £300,000 results in an estimated price of approximately £510,880.
14 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.294 % | £300,000 | £210,880 | £510,880 |
The Postcode Pricing Model uses changes in average sales price within the EN1 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 | 12.966 % | £38,897 | £338,897 |
3 Month Average | 49.779 % | £149,337 | £449,337 |
6 Month Average | 72.764 % | £218,291 | £518,291 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £517,664 | £510,000 | 6 TRINITY AVENUE |
31 Oct 2022 | £588,662 | £595,000 | 88 MELBOURNE WAY |
28 Jun 2022 | £481,809 | £475,000 | 6 MELBOURNE WAY |
17 Feb 2022 | £686,895 | £655,000 | 2 LYNMOUTH AVENUE |
6 Oct 2021 | £221,296 | £200,000 | 18 INGRAM COURT WENDY CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 25 Apr 2012. Using an estimated price of £510,881 means this house is valued at £6,081 per sq meter (£565 per sq foot).
The average size of a house on MELBOURNE WAY is 96 sq meters (1,040 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Melbourne Way | |
Jan 2024 | Anti-social behaviour | On or near Melbourne Way | |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Melbourne Way |
Jan 2024 | Anti-social behaviour | On or near Melbourne Way | |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Melbourne Way |