£3,160,562
This estimated value is based upon the latest sale price for the house of £2,950,000 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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407- 409 Holloway Road, Islington, London, N7 6HP
Phone: 02034630619
| Price Paid | Date |
|---|---|
| £2,950,000 | 3 Dec 2021 |
| £1,525,000 | 29 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 256 sq meters or 2,755 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 December 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £2,950,000 results in an estimated price of approximately £3,160,562.
| 3 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £2,950,000 | £210,562 | £3,160,562 |
The Postcode Pricing Model uses changes in average sales price within the N7 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 | -14.320 % | £-422,435 | £2,527,564 |
| 3 Month Average | 11.726 % | £345,916 | £3,295,916 |
| 6 Month Average | 10.318 % | £304,383 | £3,254,383 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £2,391,850 | £2,350,000 | 23 PENN ROAD |
| 1 Mar 2023 | £560,279 | £555,000 | 45C FREEGROVE ROAD |
| 26 Jan 2023 | £746,484 | £750,000 | 13A PENN ROAD |
| 3 Oct 2022 | £870,626 | £880,000 | 53 PENN ROAD |
| 3 Dec 2021 | £3,160,563 | £2,950,000 | 8 PENN ROAD |
This house has a floor area of 256 sq meters or 2,755 sq feet when measured on 13 Feb 2020. Using an estimated price of £3,160,563 means this house is valued at £12,345 per sq meter (£1,146 per sq foot).
The average size of a house on PENN ROAD is 102 sq meters (1,104 sq feet).