£3,144,256
This estimated value is based upon the latest sale price for the house of £2,200,000 on 14 Sep 2015. 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 |
|---|---|
| £2,200,000 | 14 Sep 2015 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2015 the House Price Index for GREATER LONDON was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £2,200,000 results in an estimated price of approximately £3,144,256.
| 14 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £2,200,000 | £944,256 | £3,144,256 |
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 | -23.141 % | £-509,098 | £1,690,901 |
| 3 Month Average | 9.894 % | £217,657 | £2,417,657 |
| 6 Month Average | 67.126 % | £1,476,761 | £3,676,761 |
| 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 104 sq meters or 1,119 sq feet when measured on 1 Feb 2017. Using an estimated price of £3,144,256 means this house is valued at £30,233 per sq meter (£2,808 per sq foot).
The average size of a house on NEW TRINITY ROAD is 107 sq meters (1,154 sq feet).