£855,401
This estimated value is based upon the latest sale price for the house of £495,000 on 27 Jan 2011. 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 |
|---|---|
| £495,000 | 27 Jan 2011 |
| £525,000 | 7 Jul 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 106 sq meters or 1,140 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 January 2011 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.808%.Applying this 72.808% change to the original purchase price of £495,000 results in an estimated price of approximately £855,401.
| 27 Jan 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.808 % | £495,000 | £360,401 | £855,401 |
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 | 72.433 % | £358,541 | £853,541 |
| 3 Month Average | 46.135 % | £228,367 | £723,367 |
| 6 Month Average | 65.476 % | £324,108 | £819,108 |
| 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 |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 3 Sep 2021. Using an estimated price of £855,402 means this house is valued at £8,069 per sq meter (£749 per sq foot).
The average size of a house on DRAYTON PARK is 67 sq meters (725 sq feet).