£443,883
This estimated value is based upon the latest sale price for the house of £440,000 on 29 Aug 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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75 Silver Street, London, N18 1RP
Phone: 02080332208
| Price Paid | Date |
|---|---|
| £440,000 | 29 Aug 2023 |
| £355,300 | 8 Jul 2016 |
| £229,500 | 1 Aug 2008 |
| £133,000 | 6 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 August 2023 the House Price Index for GREATER LONDON was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £440,000 results in an estimated price of approximately £443,883.
| 29 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £440,000 | £3,883 | £443,883 |
The Postcode Pricing Model uses changes in average sales price within the N18 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 | 16.957 % | £74,609 | £514,609 |
| 3 Month Average | -7.551 % | £-33,226 | £406,773 |
| 6 Month Average | -16.618 % | £-73,120 | £366,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £410,245 | £405,000 | 40 SOMERSET ROAD |
| 29 Aug 2023 | £443,883 | £440,000 | 74 SOMERSET ROAD |
| 27 Mar 2023 | £426,014 | £422,000 | 77 SOMERSET ROAD |
| 6 Feb 2023 | £427,113 | £427,400 | 24 SOMERSET ROAD |
| 26 Aug 2022 | £488,685 | £490,000 | 25 SOMERSET ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 18 Feb 2016. Using an estimated price of £443,883 means this house is valued at £5,918 per sq meter (£549 per sq foot).
The average size of a house on SOMERSET ROAD is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Bicycle theft | Under investigation | On or near Somerset Road |
| Jan 2024 | Anti-social behaviour | On or near Somerset Road | |
| Jan 2024 | Anti-social behaviour | On or near Somerset Road | |
| Jan 2024 | Anti-social behaviour | On or near Somerset Road | |
| Jan 2024 | Anti-social behaviour | On or near Somerset Road |