£418,024
This estimated value is based upon the latest sale price for the house of £240,000 on 3 Jul 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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222 St Pauls Road, Islington, London, N1 2LL
Phone: 02034632529
| Price Paid | Date |
|---|---|
| £240,000 | 3 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 83 sq meters or 893 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 July 2006 the House Price Index for GREATER LONDON was 85.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.177%.Applying this 74.177% change to the original purchase price of £240,000 results in an estimated price of approximately £418,024.
| 3 Jul 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 149.7 | 74.177 % | £240,000 | £178,024 | £418,024 |
The Postcode Pricing Model uses changes in average sales price within the N5 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 | 83.365 % | £200,076 | £440,076 |
| 3 Month Average | 125.130 % | £300,311 | £540,311 |
| 6 Month Average | 131.517 % | £315,639 | £555,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £2,139,304 | £2,085,000 | 11 HOLMCOTE GARDENS |
| 28 Jun 2023 | £367,362 | £360,000 | 24 SPRING GARDENS |
| 23 Jun 2023 | £928,609 | £910,000 | FLAT 10 139 GROSVENOR AVENUE |
| 16 Aug 2022 | £1,996,837 | £1,987,500 | 13 HOLMCOTE GARDENS |
| 11 Mar 2022 | £575,729 | £551,500 | 6 SPRING GARDENS |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 16 Nov 2015. Using an estimated price of £418,025 means this house is valued at £5,036 per sq meter (£467 per sq foot).
The average size of a house on SPRING GARDENS is 76 sq meters (823 sq feet).