£1,171,344
This estimated value is based upon the latest sale price for the house of £650,000 on 14 Dec 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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31 Oval Road, London, NW1 7EA
Phone: 02036416615
| Price Paid | Date |
|---|---|
| £650,000 | 14 Dec 2005 |
| Terraced |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 2005 the House Price Index for GREATER LONDON was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £650,000 results in an estimated price of approximately £1,171,344.
| 14 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £650,000 | £521,344 | £1,171,344 |
The Postcode Pricing Model uses changes in average sales price within the NW1 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 | 78.996 % | £513,475 | £1,163,475 |
| 3 Month Average | 124.421 % | £808,737 | £1,458,737 |
| 6 Month Average | 104.061 % | £676,397 | £1,326,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £646,966 | £640,000 | FLAT 41 GILBEY HOUSE, 38 JAMESTOWN ROAD |
| 10 Feb 2023 | £1,493,995 | £1,495,000 | FLAT 65 GILBEY HOUSE, 38 JAMESTOWN ROAD |
| 5 Jan 2023 | £2,159,826 | £2,170,000 | 77 JAMESTOWN ROAD |
| 3 Mar 2022 | £725,384 | £700,000 | FLAT 23 GILBEY HOUSE, 38 JAMESTOWN ROAD |
| 8 Dec 2021 | £1,714,203 | £1,600,000 | FLAT 8 36 JAMESTOWN ROAD |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 20 Feb 2016. Using an estimated price of £1,171,345 means this house is valued at £8,366 per sq meter (£777 per sq foot).
The average size of a house on OVAL ROAD is 74 sq meters (804 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Oval Road |