£402,689
This estimated value is based upon the latest sale price for the house of £400,000 on 27 Feb 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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62 Chase Side, Southgate, N14 5PA
Phone: 02080337640
Price Paid | Date |
---|---|
£400,000 | 27 Feb 2023 |
£345,000 | 17 Dec 2014 |
£250,000 | 27 Feb 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 76 sq meters or 818 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 February 2023 the House Price Index for GREATER LONDON was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £400,000 results in an estimated price of approximately £402,689.
27 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 149.7 | 0.672 % | £400,000 | £2,689 | £402,689 |
The Postcode Pricing Model uses changes in average sales price within the N14 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 | -46.749 % | £-186,996 | £213,003 |
3 Month Average | -30.417 % | £-121,669 | £278,330 |
6 Month Average | -18.042 % | £-72,166 | £327,833 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £380,000 | £380,000 | FLAT 9 FRETWELL HOUSE, 44 CHASE SIDE |
3 May 2024 | £290,000 | £290,000 | FLAT 7 FRETWELL HOUSE, 44 CHASE SIDE |
27 Feb 2023 | £402,690 | £400,000 | FLAT 15 HERITAGE HOUSE, 42 CHASE SIDE |
22 Aug 2022 | £20,094 | £20,000 | 60 CHASE SIDE |
25 Feb 2022 | £4,331,475 | £4,100,000 | 57 CROWN LANE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 26 Mar 2019. Using an estimated price of £402,690 means this house is valued at £5,298 per sq meter (£492 per sq foot).
The average size of a house on CHASE SIDE is 89 sq meters (958 sq feet).