£729,345
This estimated value is based upon the latest sale price for the house of £580,000 on 3 Apr 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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164/166 Bowes Road, New Southgate, N11 2JG
Phone: 02080225537
Price Paid | Date |
---|---|
£580,000 | 3 Apr 2018 |
£125,000 | 26 Nov 1998 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 April 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £580,000 results in an estimated price of approximately £729,345.
3 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 149.7 | 25.749 % | £580,000 | £149,345 | £729,345 |
The Postcode Pricing Model uses changes in average sales price within the N11 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 | 30.706 % | £178,096 | £758,096 |
3 Month Average | 0.007 % | £38 | £580,038 |
6 Month Average | 26.790 % | £155,381 | £735,381 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2022 | £549,633 | £550,000 | 24 OLLERTON ROAD |
16 Sep 2022 | £595,602 | £596,000 | 103 HIGHWORTH ROAD |
22 Jul 2022 | £870,725 | £862,000 | 34 SHREWSBURY ROAD |
20 Jul 2022 | £752,540 | £745,000 | 34 STANLEY ROAD |
5 Jul 2022 | £759,611 | £752,000 | 62 STANLEY ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 9 Jun 2017. Using an estimated price of £729,345 means this house is valued at £9,856 per sq meter (£915 per sq foot).
The average size of a house on STANLEY ROAD is 87 sq meters (944 sq feet).