£1,231,254
This estimated value is based upon the latest sale price for the house of £1,200,000 on 15 Nov 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Wenlock Studios, 50-52 Wharf Road, Islington, London, N1 7EU
Phone: 02036411831
| Price Paid | Date |
|---|---|
| £1,200,000 | 15 Nov 2023 |
| £375,000 | 16 May 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 111 sq meters or 1,194 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 November 2023 the House Price Index for GREATER LONDON was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £1,200,000 results in an estimated price of approximately £1,231,254.
| 15 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £1,200,000 | £31,254 | £1,231,254 |
The Postcode Pricing Model uses changes in average sales price within the N1 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 | -26.323 % | £-315,875 | £884,124 |
| 3 Month Average | -4.962 % | £-59,547 | £1,140,452 |
| 6 Month Average | -11.308 % | £-135,699 | £1,064,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £163,924 | £162,500 | FLAT 204 UNION WHARF, 23 WENLOCK ROAD |
| 21 Dec 2023 | £815,045 | £790,000 | FLAT 209 UNION WHARF, 23 WENLOCK ROAD |
| 15 Nov 2023 | £1,231,254 | £1,200,000 | FLAT 314 UNION WHARF, 23 WENLOCK ROAD |
| 30 Oct 2023 | £1,534,860 | £1,500,000 | FLAT 507 UNION WHARF, 23 WENLOCK ROAD |
| 17 Oct 2023 | £1,304,631 | £1,275,000 | FLAT 405 UNION WHARF, 23 WENLOCK ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 6 Aug 2019. Using an estimated price of £1,231,254 means this house is valued at £11,092 per sq meter (£1,030 per sq foot).
The average size of a house on WENLOCK ROAD is 78 sq meters (845 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Wenlock Road |