£508,000
This estimated value is based upon the latest sale price for the house of £400,000 on 16 Nov 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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354 Cricklewood Ln, Finchley Rd, London, NW2 2QH
Phone: 02081157259
Price Paid | Date |
---|---|
£400,000 | 16 Nov 2017 |
£200,000 | 9 Dec 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £400,000 results in an estimated price of approximately £508,000.
16 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £400,000 | £108,000 | £508,000 |
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 | 54.760 % | £219,041 | £619,041 |
3 Month Average | 14.160 % | £56,640 | £456,640 |
6 Month Average | 14.551 % | £58,204 | £458,204 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £205,209 | £200,000 | FLAT 87 LONGBERRYS CRICKLEWOOD LANE |
31 Aug 2023 | £402,255 | £395,000 | FLAT 3 HOCROFT COURT HENDON WAY |
27 Jun 2023 | £688,804 | £675,000 | 1 CLOISTER ROAD |
21 Mar 2023 | £16,749,776 | £16,470,053 | CANDLE COURT NURSING HOME BENTLEY DRIVE |
14 Mar 2022 | £673,337 | £645,000 | 68 CLOISTER ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 6 Aug 2021. Using an estimated price of £508,000 means this house is valued at £6,958 per sq meter (£646 per sq foot).
The average size of a house on CRICKLEWOOD LANE is 73 sq meters (792 sq feet).