£820,381
This estimated value is based upon the latest sale price for the house of £630,000 on 21 Apr 2017. 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 |
---|---|
£630,000 | 21 Apr 2017 |
£215,000 | 26 Apr 2002 |
£117,000 | 22 Apr 1999 |
Semi-Detached |
Freehold |
Floor Area: 105 sq meters or 1,134 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 April 2017 the House Price Index for GREATER LONDON was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £630,000 results in an estimated price of approximately £820,381.
21 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 149.7 | 30.219 % | £630,000 | £190,381 | £820,381 |
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 | -54.018 % | £-340,314 | £289,685 |
3 Month Average | -27.170 % | £-171,173 | £458,826 |
6 Month Average | 31.528 % | £198,626 | £828,626 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £401,163 | £395,000 | FLAT 12 TODD HOUSE THE GRANGE ESTATE |
15 Mar 2024 | £397,451 | £391,345 | FLAT 5A TODD HOUSE THE GRANGE |
12 Oct 2023 | £740,826 | £724,000 | 405 LONG LANE |
31 Aug 2023 | £753,592 | £740,000 | 16 NEW TRINITY ROAD |
14 Aug 2023 | £865,612 | £850,000 | 37 ELMFIELD ROAD |
This house has a floor area of 105 sq meters or 1,134 sq feet when measured on 1 Mar 2012. Using an estimated price of £820,381 means this house is valued at £7,783 per sq meter (£723 per sq foot).
The average size of a house on RED LION HILL is 84 sq meters (908 sq feet).
This house is the largest in the street with a floor area of 105 sq meters (1,134 sq feet).