£765,718
This estimated value is based upon the latest sale price for the house of £480,000 on 7 Feb 2014. 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 |
|---|---|
| £480,000 | 7 Feb 2014 |
| £390,000 | 9 Jun 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 92 sq meters or 990 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 February 2014 the House Price Index for GREATER LONDON was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £480,000 results in an estimated price of approximately £765,718.
| 7 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £480,000 | £285,718 | £765,718 |
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 | 38.265 % | £183,674 | £663,674 |
| 3 Month Average | 19.763 % | £94,861 | £574,861 |
| 6 Month Average | 36.767 % | £176,480 | £656,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £610,497 | £595,000 | FLAT 17 71F DRAYTON PARK |
| 29 Sep 2020 | £490,430 | £410,000 | FLAT 14 71E DRAYTON PARK |
| 24 Aug 2020 | £688,527 | £570,000 | FLAT 10 71C DRAYTON PARK |
| 30 Mar 2020 | £509,608 | £420,000 | FLAT 2 71E DRAYTON PARK |
| 1 Nov 2019 | £809,268 | £655,000 | FLAT 22 71F DRAYTON PARK |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 14 Aug 2018. Using an estimated price of £765,719 means this house is valued at £8,323 per sq meter (£773 per sq foot).
The average size of a house on DRAYTON PARK is 67 sq meters (725 sq feet).