£754,265
This estimated value is based upon the latest sale price for the house of £703,000 on 28 Jun 2021. 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 |
|---|---|
| £703,000 | 28 Jun 2021 |
| £250,000 | 22 Dec 2008 |
| £83,500 | 31 May 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £703,000 results in an estimated price of approximately £754,265.
| 28 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £703,000 | £51,265 | £754,265 |
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 | -10.716 % | £-75,335 | £627,664 |
| 3 Month Average | 4.734 % | £33,277 | £736,277 |
| 6 Month Average | 19.781 % | £139,061 | £842,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2022 | £349,060 | £350,000 | FLAT 3 FERRIS LODGE, 62 LANKASTER GARDENS |
| 11 May 2022 | £703,251 | £690,000 | 40 LANKASTER GARDENS |
| 24 Mar 2022 | £461,137 | £445,000 | FLAT 2 322 HIGH ROAD |
| 3 Mar 2022 | £709,840 | £685,000 | 11 LEWIS GARDENS |
| 16 Dec 2021 | £214,275 | £200,000 | 2 LANKASTER GARDENS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 3 Jun 2014. Using an estimated price of £754,266 means this house is valued at £8,979 per sq meter (£834 per sq foot).
The average size of a house on LEWIS GARDENS is 92 sq meters (1,000 sq feet).