£621,728
This estimated value is based upon the latest sale price for the house of £505,000 on 16 May 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Cheapside, North Circular Road, Palmers Green, N13 5ED
Phone: 02081157045
| Price Paid | Date |
|---|---|
| £505,000 | 16 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.115%.Applying this 23.115% change to the original purchase price of £505,000 results in an estimated price of approximately £621,728.
| 16 May 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.115 % | £505,000 | £116,728 | £621,728 |
The Postcode Pricing Model uses changes in average sales price within the N13 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 | -4.210 % | £-21,259 | £483,740 |
| 3 Month Average | -11.159 % | £-56,351 | £448,648 |
| 6 Month Average | -4.295 % | £-21,690 | £483,309 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £503,744 | £500,000 | 69 MUNSTER GARDENS |
| 27 Mar 2023 | £191,033 | £190,000 | 24 ULSTER GARDENS |
| 7 Jan 2022 | £574,391 | £548,000 | 81 MUNSTER GARDENS |
| 30 Jun 2021 | £566,354 | £530,000 | 63 DORCHESTER AVENUE |
| 31 Mar 2021 | £681,798 | £615,000 | 39 DORCHESTER AVENUE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 21 Apr 2017. Using an estimated price of £621,729 means this house is valued at £6,832 per sq meter (£634 per sq foot).
The average size of a house on ULSTER GARDENS is 106 sq meters (1,143 sq feet).