£373,031
This estimated value is based upon the latest sale price for the house of £73,500 on 27 Aug 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 10, 8 Duncan Street, London, N1 8BW
Phone: 02034783611
Price Paid | Date |
---|---|
£73,500 | 27 Aug 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 32 sq meters or 344 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 1997 the House Price Index for GREATER LONDON was 29.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 407.526%.Applying this 407.526% change to the original purchase price of £73,500 results in an estimated price of approximately £373,031.
27 Aug 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.5 | 149.7 | 407.526 % | £73,500 | £299,531 | £373,031 |
The Postcode Pricing Model uses changes in average sales price within the EC1V 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 | 276.191 % | £203,000 | £276,500 |
3 Month Average | 311.803 % | £229,175 | £302,675 |
6 Month Average | 352.753 % | £259,273 | £332,773 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £743,961 | £737,500 | FLAT 4 263 GOSWELL ROAD |
19 Apr 2024 | £573,577 | £568,596 | FLAT 1 23 - 24 HERMIT STREET |
21 Dec 2023 | £660,289 | £640,000 | FLAT 15 CITYBRIDGE HOUSE, 235 - 245 GOSWELL ROAD |
8 Nov 2023 | £364,246 | £355,000 | FLAT 34 BREWERS BUILDINGS RAWSTORNE STREET |
9 Jun 2023 | £663,292 | £650,000 | FLAT 14 CITYBRIDGE HOUSE, 235 - 245 GOSWELL ROAD |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 10 Oct 2018. Using an estimated price of £373,032 means this house is valued at £11,657 per sq meter (£1,082 per sq foot).
The average size of a house on RAWSTORNE STREET is 61 sq meters (660 sq feet).
This house is the smallest in the street with a floor area of 32 sq meters (344 sq feet).