£1,708,646
This estimated value is based upon the latest sale price for the house of £1,000,000 on 14 Jun 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
2 Oak Avenue, London, N8 8LJ
Phone: 02081159838
| Price Paid | Date |
|---|---|
| £1,000,000 | 14 Jun 2012 |
| £492,500 | 1 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,294 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 June 2012 the House Price Index for GREATER LONDON was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £1,000,000 results in an estimated price of approximately £1,708,646.
| 14 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.865 % | £1,000,000 | £708,646 | £1,708,646 |
The Postcode Pricing Model uses changes in average sales price within the N8 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 | 78.463 % | £784,628 | £1,784,628 |
| 3 Month Average | 40.368 % | £403,684 | £1,403,684 |
| 6 Month Average | 49.016 % | £490,161 | £1,490,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2024 | £1,060,000 | £1,060,000 | 16 PARK AVENUE SOUTH |
| 11 Dec 2023 | £2,135,623 | £2,070,000 | 62 PARK AVENUE SOUTH |
| 17 Nov 2023 | £1,282,557 | £1,250,000 | 66 BARRINGTON ROAD |
| 29 Sep 2023 | £1,815,010 | £1,775,000 | 110 BARRINGTON ROAD |
| 6 Sep 2023 | £1,533,812 | £1,500,000 | 60 PARK AVENUE SOUTH |
This house has a floor area of 120 sq meters or 1,294 sq feet when measured on 23 Mar 2009. Using an estimated price of £1,708,647 means this house is valued at £14,205 per sq meter (£1,319 per sq foot).
The average size of a house on PARK AVENUE SOUTH is 167 sq meters (1,802 sq feet).