£1,239,255
This estimated value is based upon the latest sale price for the house of £1,000,000 on 18 Jul 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Lockmead Road
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2 Cadoxton Avenue, London, N15 6LB
Phone: 02036418528
| Price Paid | Date |
|---|---|
| £1,000,000 | 18 Jul 2018 |
| Terraced |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 July 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £1,000,000 results in an estimated price of approximately £1,239,255.
| 18 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £1,000,000 | £239,255 | £1,239,255 |
The Postcode Pricing Model uses changes in average sales price within the N15 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 | -9.316 % | £-93,156 | £906,843 |
| 3 Month Average | 32.366 % | £323,655 | £1,323,655 |
| 6 Month Average | 17.988 % | £179,882 | £1,179,882 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £871,733 | £860,000 | 108 WARGRAVE AVENUE |
| 5 Sep 2022 | £987,029 | £995,000 | 119 WARGRAVE AVENUE |
| 28 Jul 2022 | £893,806 | £891,400 | 122 WARGRAVE AVENUE |
| 29 Apr 2022 | £1,081,289 | £1,050,000 | 51 WELLINGTON AVENUE |
| 19 Jan 2022 | £947,167 | £900,000 | 15 GROVELANDS ROAD |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 21 Jun 2018. Using an estimated price of £1,239,255 means this house is valued at £9,835 per sq meter (£913 per sq foot).
The average size of a house on WELLINGTON AVENUE is 152 sq meters (1,638 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Lockmead Road |
| Jan 2024 | Burglary | Under investigation | On or near Lockmead Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Grovelands Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Grovelands Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Grovelands Road |