£685,115
This estimated value is based upon the latest sale price for the house of £550,500 on 20 Mar 2019. 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 |
|---|---|
| £550,500 | 20 Mar 2019 |
| £355,000 | 7 Jul 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 March 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £550,500 results in an estimated price of approximately £685,115.
| 20 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £550,500 | £134,615 | £685,115 |
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 | 104.497 % | £575,255 | £1,125,755 |
| 3 Month Average | 46.826 % | £257,779 | £808,279 |
| 6 Month Average | 35.782 % | £196,982 | £747,482 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £610,497 | £595,000 | FLAT 17 71F DRAYTON PARK |
| 11 Jun 2021 | £389,112 | £360,000 | FLAT C 23 DRAYTON PARK |
| 29 Sep 2020 | £490,430 | £410,000 | FLAT 14 71E DRAYTON PARK |
| 30 Apr 2020 | £704,900 | £570,000 | FLAT 24 71G DRAYTON PARK |
| 30 Mar 2020 | £509,608 | £420,000 | FLAT 2 71E DRAYTON PARK |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 7 Jul 2014. Using an estimated price of £685,115 means this house is valued at £9,385 per sq meter (£871 per sq foot).
The average size of a house on DRAYTON PARK is 67 sq meters (725 sq feet).