£492,301
This estimated value is based upon the latest sale price for the house of £490,000 on 2 Aug 2022. 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 |
|---|---|
| £490,000 | 2 Aug 2022 |
| £125,000 | 12 Jan 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 639 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 2022 the House Price Index for GREATER LONDON was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £490,000 results in an estimated price of approximately £492,301.
| 2 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £490,000 | £2,301 | £492,301 |
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 | 42.072 % | £206,152 | £696,152 |
| 3 Month Average | -14.015 % | £-68,673 | £421,326 |
| 6 Month Average | -3.725 % | £-18,252 | £471,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £2,135,623 | £2,070,000 | 62 PARK AVENUE SOUTH |
| 8 Sep 2023 | £1,863,581 | £1,822,500 | 16 WARNER ROAD |
| 6 Sep 2023 | £1,533,812 | £1,500,000 | 60 PARK AVENUE SOUTH |
| 16 Jun 2023 | £479,611 | £470,000 | 19A WARNER ROAD |
| 30 Mar 2023 | £589,851 | £580,000 | GROUND FLOOR FLAT 42 PARK AVENUE NORTH |
This house has a floor area of 59 sq meters or 639 sq feet when measured on 21 Mar 2012. Using an estimated price of £492,302 means this house is valued at £8,280 per sq meter (£769 per sq foot).
The average size of a house on PRIORY ROAD is 111 sq meters (1,202 sq feet).