£460,111
This estimated value is based upon the latest sale price for the house of £375,000 on 30 Sep 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Ferntower Road, London, N5 2JE
Phone: 02036419412
| Price Paid | Date |
|---|---|
| £375,000 | 30 Sep 2019 |
| £300,000 | 28 Aug 2015 |
| £195,000 | 4 Apr 2011 |
| £168,000 | 29 Nov 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 September 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £375,000 results in an estimated price of approximately £460,111.
| 30 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £375,000 | £85,111 | £460,111 |
The Postcode Pricing Model uses changes in average sales price within the N16 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 | -22.375 % | £-83,906 | £291,093 |
| 3 Month Average | -3.509 % | £-13,159 | £361,840 |
| 6 Month Average | 9.721 % | £36,453 | £411,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £882,722 | £875,000 | FLAT 1 157 GREEN LANES |
| 30 Jun 2023 | £1,245,082 | £1,230,000 | 281 STOKE NEWINGTON CHURCH STREET |
| 24 Feb 2023 | £435,407 | £435,700 | FLAT 8 WINGATE HOUSE BURMA ROAD |
| 26 Oct 2022 | £1,320,779 | £1,335,000 | 5 STATHAM GROVE |
| 27 Nov 2020 | £556,490 | £480,000 | FLAT 6 SALWEEN HOUSE GREEN LANES |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 1 Feb 2019. Using an estimated price of £460,112 means this house is valued at £10,224 per sq meter (£949 per sq foot).
The average size of a house on GREEN LANES is 72 sq meters (782 sq feet).