£542,046
This estimated value is based upon the latest sale price for the house of £120,000 on 26 Feb 1999. 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 |
|---|---|
| £120,000 | 26 Feb 1999 |
| Terraced |
| Freehold |
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 February 1999 the House Price Index for GREATER LONDON was 32.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 351.705%.Applying this 351.705% change to the original purchase price of £120,000 results in an estimated price of approximately £542,046.
| 26 Feb 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.9 | 148.6 | 351.705 % | £120,000 | £422,046 | £542,046 |
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 | 297.795 % | £357,354 | £477,354 |
| 3 Month Average | 365.680 % | £438,816 | £558,816 |
| 6 Month Average | 416.604 % | £499,925 | £619,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £620,428 | £615,000 | 54 DORCHESTER AVENUE |
| 17 Aug 2023 | £499,369 | £495,000 | 96 DORCHESTER AVENUE |
| 27 Mar 2023 | £191,807 | £190,000 | 24 ULSTER GARDENS |
| 25 Aug 2022 | £528,577 | £530,000 | 202 HEDGE LANE |
| 24 May 2022 | £499,410 | £490,000 | 56 DORCHESTER AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Under investigation | On or near Dorchester Avenue |
| Dec 2023 | Other theft | Under investigation | On or near Dorchester Avenue |
| Jan 2024 | Anti-social behaviour | On or near Walden Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Walden Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Walden Avenue |