£389,247
This estimated value is based upon the latest sale price for the house of £260,000 on 14 Oct 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 4b, Unit 1, Thornton Road, London, N18 3BA
Phone: 02080221101
Price Paid | Date |
---|---|
£260,000 | 14 Oct 2014 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 October 2014 the House Price Index for GREATER LONDON was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £260,000 results in an estimated price of approximately £389,247.
14 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 148.6 | 49.711 % | £260,000 | £129,247 | £389,247 |
The Postcode Pricing Model uses changes in average sales price within the N18 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 | 34.734 % | £90,307 | £350,307 |
3 Month Average | 54.278 % | £141,123 | £401,123 |
6 Month Average | 51.771 % | £134,605 | £394,605 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £186,633 | £185,000 | 22A RAYS ROAD |
31 Aug 2023 | £171,500 | £170,000 | 22B RAYS ROAD |
28 Apr 2023 | £171,850 | £170,000 | 143 SWAYTHLING CLOSE |
30 Sep 2022 | £327,356 | £330,000 | 34 RAYS ROAD |
9 Mar 2022 | £24,559 | £23,700 | 9 RAYS ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 8 Sep 2014. Using an estimated price of £389,248 means this house is valued at £4,579 per sq meter (£425 per sq foot).
The average size of a house on RAYS AVENUE is 93 sq meters (1,005 sq feet).