£250,817
This estimated value is based upon the latest sale price for the house of £155,000 on 12 Apr 2007. 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 |
---|---|
£155,000 | 12 Apr 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 2007 the House Price Index for GREATER LONDON was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £155,000 results in an estimated price of approximately £250,817.
12 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.5 | 149.7 | 61.818 % | £155,000 | £95,817 | £250,817 |
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 | 66.939 % | £103,755 | £258,755 |
3 Month Average | 90.494 % | £140,265 | £295,265 |
6 Month Average | 201.607 % | £312,490 | £467,490 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £310,379 | £302,500 | 11 OLD FARM ROAD |
24 Oct 2023 | £288,554 | £282,000 | FLAT 23 MERCIAN LODGE, 68 LANKASTER GARDENS |
13 Oct 2023 | £287,239 | £280,715 | FLAT 17 MERCIAN LODGE, 68 LANKASTER GARDENS |
24 Aug 2022 | £351,644 | £350,000 | FLAT 3 FERRIS LODGE, 62 LANKASTER GARDENS |
11 Mar 2022 | £297,521 | £285,000 | 118 OLD FARM ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 30 Sep 2014. Using an estimated price of £250,818 means this house is valued at £5,016 per sq meter (£466 per sq foot).
The average size of a house on STABLE WALK is 91 sq meters (988 sq feet).