£1,805,503
This estimated value is based upon the latest sale price for the house of £1,005,000 on 11 Sep 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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434 Finchley Road, London, NW2 2HY
Phone: 02080334659
| Price Paid | Date |
|---|---|
| £1,005,000 | 11 Sep 2009 |
| Terraced |
| Freehold |
| Floor Area: 171 sq meters or 1,848 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 2009 the House Price Index for GREATER LONDON was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £1,005,000 results in an estimated price of approximately £1,805,503.
| 11 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 149.7 | 79.652 % | £1,005,000 | £800,503 | £1,805,503 |
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 | 124.779 % | £1,254,030 | £2,259,030 |
| 3 Month Average | 82.148 % | £825,590 | £1,830,590 |
| 6 Month Average | 64.126 % | £644,468 | £1,649,468 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £950,000 | £950,000 | 13 PATTISON ROAD |
| 5 Jun 2023 | £2,477,142 | £2,427,500 | 71 PLATTS LANE |
| 15 Jun 2022 | £2,104,996 | £2,060,000 | 63 PLATTS LANE |
| 17 Feb 2022 | £1,901,623 | £1,800,000 | 56 HERMITAGE LANE |
| 4 Feb 2022 | £3,354,252 | £3,175,000 | 25 WEST HEATH GARDENS |
This house has a floor area of 171 sq meters or 1,848 sq feet when measured on 6 Oct 2008. Using an estimated price of £1,805,503 means this house is valued at £10,513 per sq meter (£976 per sq foot).
The average size of a house on HERMITAGE LANE is 152 sq meters (1,642 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Hermitage Lane | |
| Apr 2024 | Anti-social behaviour | On or near Hermitage Lane | |
| Apr 2024 | Anti-social behaviour | On or near Hermitage Lane | |
| Apr 2024 | Anti-social behaviour | On or near Hermitage Lane |