£989,240
This estimated value is based upon the latest sale price for the house of £305,000 on 2 Oct 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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118 Finchley Road, London, NW3 5HT
Phone: 02077682955
| Price Paid | Date |
|---|---|
| £305,000 | 2 Oct 2001 |
| Flats/Maisonettes |
| Leasehold |
| 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 2001 the House Price Index for GREATER LONDON was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £305,000 results in an estimated price of approximately £989,240.
| 2 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.6 | 224.341 % | £305,000 | £684,240 | £989,240 |
The Postcode Pricing Model uses changes in average sales price within the NW3 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 | 34.751 % | £105,989 | £410,989 |
| 3 Month Average | 173.472 % | £529,088 | £834,088 |
| 6 Month Average | 204.478 % | £623,656 | £928,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £491,802 | £487,500 | FLAT 5 MARLBOROUGH HOUSE, 179 - 189 FINCHLEY ROAD |
| 1 Aug 2023 | £471,626 | £467,500 | FLAT 5 FITZJOHNS MANSIONS, 10 NETHERHALL GARDENS |
| 13 Feb 2023 | £811,454 | £812,000 | FLAT 3 15 MARESFIELD GARDENS |
| 24 Aug 2022 | £560,990 | £562,500 | FLAT 6 FITZJOHNS MANSIONS, 10 NETHERHALL GARDENS |
| 24 May 2022 | £835,748 | £820,000 | FLAT 2 15 MARESFIELD GARDENS |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 1 Nov 2017. Using an estimated price of £989,241 means this house is valued at £11,638 per sq meter (£1,081 per sq foot).
The average size of a house on SUMPTER CLOSE is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sumpter Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sumpter Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sumpter Close |
| Dec 2023 | Anti-social behaviour | On or near Sumpter Close | |
| Dec 2023 | Anti-social behaviour | On or near Sumpter Close |