£773,625
This estimated value is based upon the latest sale price for the house of £575,000 on 23 Jun 2016. 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 |
---|---|
£575,000 | 23 Jun 2016 |
£375,000 | 11 Jun 2010 |
£275,000 | 29 Jan 2009 |
Flats/Maisonettes |
Leasehold |
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 June 2016 the House Price Index for GREATER LONDON was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £575,000 results in an estimated price of approximately £773,625.
23 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 149.7 | 34.544 % | £575,000 | £198,625 | £773,625 |
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 | -0.647 % | £-3,718 | £571,281 |
3 Month Average | 4.022 % | £23,124 | £598,124 |
6 Month Average | 9.134 % | £52,520 | £627,520 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Apr 2024 | £665,782 | £660,000 | FLAT 22 71H DRAYTON PARK |
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 |