£1,840,935
This estimated value is based upon the latest sale price for the house of £1,500,000 on 8 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1197-1199 Finchley Road, Temple Fortune, London, NW11 0AA
Phone: 02034782966
| Price Paid | Date |
|---|---|
| £1,500,000 | 8 Nov 2018 |
| £920,000 | 21 Mar 2005 |
| Detached |
| Freehold |
| Floor Area: 240 sq meters or 2,583 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 November 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £1,500,000 results in an estimated price of approximately £1,840,935.
| 8 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.729 % | £1,500,000 | £340,935 | £1,840,935 |
The Postcode Pricing Model uses changes in average sales price within the NW11 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 | 39.365 % | £590,476 | £2,090,476 |
| 3 Month Average | -7.474 % | £-112,104 | £1,387,895 |
| 6 Month Average | 5.362 % | £80,424 | £1,580,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £362,000 | £362,000 | 137 ADDISON WAY |
| 1 Nov 2023 | £1,164,955 | £1,150,000 | 112 ERSKINE HILL |
| 14 Aug 2023 | £1,206,557 | £1,199,220 | 48 ADDISON WAY |
| 8 Jun 2023 | £201,635 | £200,000 | 127 ADDISON WAY |
| 14 Mar 2023 | £655,543 | £652,000 | 102 FALLODEN WAY |
This house has a floor area of 240 sq meters or 2,583 sq feet when measured on 7 Mar 2017. Using an estimated price of £1,840,935 means this house is valued at £7,670 per sq meter (£712 per sq foot).
The average size of a house on GLOUCESTER DRIVE is 276 sq meters (2,971 sq feet).
This house is the largest in the street with a floor area of 240 sq meters (2,583 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Dorchester Gardens |
| Apr 2024 | Public order | Under investigation | On or near Addison Way |
| Feb 2024 | Vehicle crime | Under investigation | On or near Addison Way |