£314,314
This estimated value is based upon the latest sale price for the house of £158,000 on 14 May 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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438 Hertford Road, Lower Edmonton, London, N9 8AB
Phone: 02034638351
Price Paid | Date |
---|---|
£158,000 | 14 May 2004 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 720 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 May 2004 the House Price Index for GREATER LONDON was 73.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 98.933%.Applying this 98.933% change to the original purchase price of £158,000 results in an estimated price of approximately £314,314.
14 May 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.7 | 146.7 | 98.933 % | £158,000 | £156,314 | £314,314 |
The Postcode Pricing Model uses changes in average sales price within the N9 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 | 126.010 % | £199,095 | £357,095 |
3 Month Average | 117.668 % | £185,914 | £343,914 |
6 Month Average | 115.904 % | £183,128 | £341,128 |
This house has a floor area of 66 sq meters or 720 sq feet when measured on 27 Jun 2009.
The average size of a house on WELLSTEAD AVENUE is 85 sq meters (924 sq feet).