£547,864
This estimated value is based upon the latest sale price for the house of £515,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 Church Lane, East Finchley, London, N2 8DT
Phone: 02036414284
| Price Paid | Date |
|---|---|
| £515,000 | 24 Sep 2021 |
| £350,000 | 22 Feb 2013 |
| £317,000 | 29 Oct 2007 |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 September 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £515,000 results in an estimated price of approximately £547,864.
| 24 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £515,000 | £32,864 | £547,864 |
The Postcode Pricing Model uses changes in average sales price within the N2 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 | -41.545 % | £-213,958 | £301,041 |
| 3 Month Average | -1.352 % | £-6,965 | £508,034 |
| 6 Month Average | 19.403 % | £99,923 | £614,923 |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 19 Sep 2012.
The average size of a house on CROMWELL CLOSE is 65 sq meters (704 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stanley Road |
| Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Stanley Road |
| Dec 2023 | Robbery | Under investigation | On or near Ashburnham Close |
| Jan 2024 | Other theft | Under investigation | On or near Homefield Gardens |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Elmhurst Avenue |