£472,795
This estimated value is based upon the latest sale price for the house of £125,000 on 31 May 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Long Lane, Finchley, London, N3 2PT
Phone: 02034632631
| Price Paid | Date |
|---|---|
| £125,000 | 31 May 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 638 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 May 2000 the House Price Index for GREATER LONDON was 39.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 278.236%.Applying this 278.236% change to the original purchase price of £125,000 results in an estimated price of approximately £472,795.
| 31 May 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.3 | 148.6 | 278.236 % | £125,000 | £347,795 | £472,795 |
The Postcode Pricing Model uses changes in average sales price within the N3 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 | 138.769 % | £173,460 | £298,460 |
| 3 Month Average | 215.540 % | £269,425 | £394,425 |
| 6 Month Average | 259.777 % | £324,721 | £449,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £407,123 | £400,000 | FLAT 3 FINCHLEY COURT BALLARDS LANE |
| 17 Nov 2023 | £355,260 | £350,000 | FLAT 21 NORTHUMBERLAND HOUSE, 237 BALLARDS LANE |
| 11 Sep 2023 | £420,375 | £415,000 | 18 BURNBRAE CLOSE |
| 31 Jul 2023 | £428,771 | £423,000 | FLAT 76 FINCHLEY COURT BALLARDS LANE |
| 31 Mar 2023 | £25,238 | £25,000 | GARAGE 38 FINCHLEY COURT BALLARDS LANE |
This house has a floor area of 59 sq meters or 638 sq feet when measured on 3 Aug 2011. Using an estimated price of £472,795 means this house is valued at £7,968 per sq meter (£740 per sq foot).
The average size of a house on BALLARDS LANE is 68 sq meters (742 sq feet).