£687,755
This estimated value is based upon the latest sale price for the house of £151,500 on 5 Jan 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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227 City Road, London, N1 7NA
Phone: 02081155535
| Price Paid | Date |
|---|---|
| £151,500 | 5 Jan 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 809 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 January 1999 the House Price Index for GREATER LONDON was 32.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 353.964%.Applying this 353.964% change to the original purchase price of £151,500 results in an estimated price of approximately £687,755.
| 5 Jan 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 148.6 | 353.964 % | £151,500 | £536,255 | £687,755 |
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 | 414.228 % | £627,555 | £779,055 |
| 3 Month Average | 321.865 % | £487,625 | £639,125 |
| 6 Month Average | 332.337 % | £503,490 | £654,990 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £1,290,634 | £1,275,000 | FLAT 7 THE FACTORY, 1 NILE STREET |
| 13 Jun 2023 | £814,871 | £805,000 | FLAT 8 THE FACTORY, 1 NILE STREET |
| 8 Jun 2023 | £789,564 | £780,000 | FLAT 6 2 WELLESLEY TERRACE |
| 18 Oct 2022 | £1,305,939 | £1,320,000 | 4 UNDERWOOD ROW |
| 11 Oct 2022 | £1,879,760 | £1,900,000 | LOFT 3 BUILDING 10, 22 SHEPHERDESS WALK |
This house has a floor area of 75 sq meters or 809 sq feet when measured on 21 May 2010. Using an estimated price of £687,755 means this house is valued at £9,145 per sq meter (£849 per sq foot).
The average size of a house on NILE STREET is 115 sq meters (1,245 sq feet).