£523,365
This estimated value is based upon the latest sale price for the house of £334,875 on 27 Nov 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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227 City Road, London, N1 7NA
Phone: 02081155535
Price Paid | Date |
---|---|
£334,875 | 27 Nov 2007 |
Flats/Maisonettes |
Leasehold |
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 2007 the House Price Index for GREATER LONDON was 95.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.287%.Applying this 56.287% change to the original purchase price of £334,875 results in an estimated price of approximately £523,365.
27 Nov 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.8 | 149.7 | 56.287 % | £334,875 | £188,490 | £523,365 |
The Postcode Pricing Model uses changes in average sales price within the N1 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 | 77.747 % | £260,356 | £595,231 |
3 Month Average | 68.966 % | £230,949 | £565,824 |
6 Month Average | 74.224 % | £248,555 | £583,430 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Aug 2022 | £4,084,097 | £4,065,000 | 24 WENLOCK ROAD |
4 Feb 2022 | £1,605,815 | £1,520,000 | UNIT 1 7 WENLOCK ROAD |
29 Oct 2021 | £685,521 | £615,000 | UNIT 10 7 WENLOCK ROAD |
29 Sep 2021 | £859,228 | £791,500 | FLAT 24 SPENLOW APARTMENTS WENLOCK ROAD |
30 Jun 2021 | £616,094 | £570,000 | FLAT 28 SPENLOW APARTMENTS WENLOCK ROAD |