£373,999
This estimated value is based upon the latest sale price for the house of £296,250 on 29 Mar 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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71b Drayton Park, Islington, London, N5 1BF
Phone: 02035891589
Price Paid | Date |
---|---|
£296,250 | 29 Mar 2018 |
£234,000 | 28 Feb 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 March 2018 the House Price Index for GREATER LONDON was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £296,250 results in an estimated price of approximately £373,999.
29 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £296,250 | £77,749 | £373,999 |
The Postcode Pricing Model uses changes in average sales price within the N5 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 | 25.040 % | £74,182 | £370,432 |
3 Month Average | 8.621 % | £25,539 | £321,789 |
6 Month Average | 15.311 % | £45,357 | £341,607 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Mar 2023 | £416,988 | £410,024 | FLAT 1 186 DRAYTON PARK |
6 Aug 2021 | £516,982 | £460,000 | 249 ASHBURTON TRIANGLE DRAYTON PARK |
18 Sep 2020 | £571,172 | £477,500 | 240 ASHBURTON TRIANGLE DRAYTON PARK |
26 Sep 2019 | £565,491 | £457,500 | 236 ASHBURTON TRIANGLE DRAYTON PARK |
17 May 2019 | £523,021 | £420,000 | 126 ASHBURTON TRIANGLE DRAYTON PARK |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 6 Jun 2013. Using an estimated price of £374,000 means this house is valued at £8,130 per sq meter (£755 per sq foot).
The average size of a house on DRAYTON PARK is 67 sq meters (725 sq feet).