£511,935
This estimated value is based upon the latest sale price for the house of £415,000 on 20 Dec 2018. 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 |
|---|---|
| £415,000 | 20 Dec 2018 |
| £177,000 | 23 Oct 2001 |
| £55,000 | 10 May 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 December 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £415,000 results in an estimated price of approximately £511,935.
| 20 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £415,000 | £96,935 | £511,935 |
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 | -22.644 % | £-93,973 | £321,026 |
| 3 Month Average | -13.379 % | £-55,522 | £359,477 |
| 6 Month Average | 10.466 % | £43,434 | £458,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £399,921 | £394,000 | FLAT 5 HERMITAGE COURT HERMITAGE LANE |
| 31 Jul 2023 | £410,120 | £404,600 | FLAT 3 HERMITAGE COURT HERMITAGE LANE |
| 21 Jul 2023 | £390,252 | £385,000 | FLAT 52 HERMITAGE COURT HERMITAGE LANE |
| 21 Jun 2022 | £841,898 | £830,000 | FLAT 4 LIGHTWORKS APARTMENTS, 1B DEVONSHIRE PLACE |
| 6 Apr 2022 | £2,758,832 | £2,679,000 | 33 BRIARDALE GARDENS |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 19 Sep 2017. Using an estimated price of £511,935 means this house is valued at £6,735 per sq meter (£625 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 | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Hermitage Lane |
| Feb 2024 | Anti-social behaviour | On or near Hermitage Lane | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Devonshire Place |
| Mar 2024 | Bicycle theft | Under investigation | On or near Devonshire Place |