£808,917
This estimated value is based upon the latest sale price for the house of £168,000 on 12 Mar 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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649 Green Lanes, London, N8 0QY
Phone: 02036414305
Price Paid | Date |
---|---|
£168,000 | 12 Mar 1998 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 764 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 1998 the House Price Index for GREATER LONDON was 31.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 381.499%.Applying this 381.499% change to the original purchase price of £168,000 results in an estimated price of approximately £808,917.
12 Mar 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.1 | 149.7 | 381.499 % | £168,000 | £640,917 | £808,917 |
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 | 524.800 % | £881,664 | £1,049,664 |
3 Month Average | 396.629 % | £666,336 | £834,336 |
6 Month Average | 402.153 % | £675,617 | £843,617 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £374,506 | £365,000 | FLAT 43 MOUNTVIEW COURT GREEN LANES |
14 Apr 2023 | £713,342 | £700,000 | 6 ALFOXTON AVENUE |
12 Aug 2022 | £371,738 | £370,000 | FLAT 28 MOUNTVIEW COURT GREEN LANES |
22 Dec 2021 | £361,568 | £335,000 | FLAT 1 THE COLISEUM, 10 SALISBURY PROMENADE |
21 Dec 2021 | £426,327 | £395,000 | 638B GREEN LANES |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 30 Sep 2016. Using an estimated price of £808,918 means this house is valued at £11,393 per sq meter (£1,058 per sq foot).
The average size of a house on GREEN LANES is 76 sq meters (820 sq feet).