£2,937,243
This estimated value is based upon the latest sale price for the house of £1,730,000 on 25 Oct 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Platts Lane London,, NW3 7NP
Phone: 02045168323
| Price Paid | Date |
|---|---|
| £1,730,000 | 25 Oct 2012 |
| £980,000 | 20 Dec 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 309 sq meters or 3,326 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 October 2012 the House Price Index for GREATER LONDON was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £1,730,000 results in an estimated price of approximately £2,937,243.
| 25 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £1,730,000 | £1,207,243 | £2,937,243 |
The Postcode Pricing Model uses changes in average sales price within the NW2 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 | 9.289 % | £160,707 | £1,890,707 |
| 3 Month Average | 17.348 % | £300,118 | £2,030,118 |
| 6 Month Average | 30.356 % | £525,153 | £2,255,153 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £1,475,822 | £1,450,000 | FLAT 4 609 FINCHLEY ROAD |
| 17 Nov 2023 | £624,242 | £615,000 | FLAT 4 KINGS COURT, 523 FINCHLEY ROAD |
| 22 Sep 2023 | £3,393,388 | £3,350,000 | 13 BURGESS HILL |
| 31 Jul 2023 | £4,966,848 | £4,900,000 | 21 RANULF ROAD |
| 20 Jun 2023 | £1,543,699 | £1,525,000 | 603 FINCHLEY ROAD |
This house has a floor area of 309 sq meters or 3,326 sq feet when measured on 21 Aug 2012. Using an estimated price of £2,937,244 means this house is valued at £9,505 per sq meter (£883 per sq foot).
The average size of a house on ARDWICK ROAD is 185 sq meters (1,997 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Ardwick Road | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ardwick Road |
| Apr 2024 | Anti-social behaviour | On or near Burgess Hill | |
| Feb 2024 | Public order | Under investigation | On or near Burgess Hill |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Burgess Hill |