£575,491
This estimated value is based upon the latest sale price for the house of £360,000 on 2 Apr 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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71b Drayton Park, Islington, London, N5 1BF
Phone: 02035891589
| Price Paid | Date |
|---|---|
| £360,000 | 2 Apr 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 April 2008 the House Price Index for GREATER LONDON was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £360,000 results in an estimated price of approximately £575,491.
| 2 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 149.7 | 59.859 % | £360,000 | £215,491 | £575,491 |
The Postcode Pricing Model uses changes in average sales price within the N5 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 | 76.722 % | £276,197 | £636,197 |
| 3 Month Average | 70.589 % | £254,120 | £614,120 |
| 6 Month Average | 86.426 % | £311,132 | £671,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Feb 2023 | £800,346 | £795,000 | FLAT 1 96 DRAYTON PARK |
| 15 Feb 2022 | £137,339 | £130,000 | FLAT 1 71A DRAYTON PARK |
| 20 Oct 2020 | £865,053 | £732,000 | 56 DRAYTON PARK |
| 25 Sep 2020 | £394,736 | £330,000 | FLAT 4 71A DRAYTON PARK |
| 24 Aug 2020 | £688,527 | £570,000 | FLAT 10 71C DRAYTON PARK |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 27 Jul 2017. Using an estimated price of £575,492 means this house is valued at £8,221 per sq meter (£763 per sq foot).
The average size of a house on DRAYTON PARK is 67 sq meters (725 sq feet).