£616,562
This estimated value is based upon the latest sale price for the house of £117,000 on 29 Apr 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Rowlandson House, Suite 106, 289/297 Ballards Lane, Finchley, London, N12 8NP
Phone: 02034783240
Price Paid | Date |
---|---|
£117,000 | 29 Apr 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 77 sq meters or 828 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 1997 the House Price Index for GREATER LONDON was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 426.976%.Applying this 426.976% change to the original purchase price of £117,000 results in an estimated price of approximately £616,562.
29 Apr 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.4 | 149.7 | 426.976 % | £117,000 | £499,562 | £616,562 |
The Postcode Pricing Model uses changes in average sales price within the N12 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 | 396.907 % | £464,380 | £581,380 |
3 Month Average | 489.889 % | £573,170 | £690,170 |
6 Month Average | 355.429 % | £415,851 | £532,851 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £1,056,228 | £1,040,000 | 40 WOODBERRY WAY |
28 Mar 2024 | £919,121 | £905,000 | 16 WOODBERRY WAY |
19 Oct 2023 | £306,972 | £300,000 | FLAT 1 ELDERBERRY LODGE, 28 CHRISTCHURCH AVENUE |
2 Feb 2023 | £173,157 | £172,000 | 284 BALLARDS LANE |
7 Oct 2022 | £882,054 | £885,000 | 23 CHRISTCHURCH AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 7 Aug 2019. Using an estimated price of £616,562 means this house is valued at £8,007 per sq meter (£743 per sq foot).
The average size of a house on CHRISTCHURCH AVENUE is 79 sq meters (858 sq feet).