£1,914,929
This estimated value is based upon the latest sale price for the house of £355,000 on 5 Dec 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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39 Fairfax Road, Hampstead, NW6 4EL
Phone: 02036415063
| Price Paid | Date |
|---|---|
| £355,000 | 5 Dec 1996 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 196 sq meters or 2,109 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 1996 the House Price Index for GREATER LONDON was 27.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 439.417%.Applying this 439.417% change to the original purchase price of £355,000 results in an estimated price of approximately £1,914,929.
| 5 Dec 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 148.6 | 439.417 % | £355,000 | £1,559,929 | £1,914,929 |
The Postcode Pricing Model uses changes in average sales price within the NW6 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 | 432.891 % | £1,536,761 | £1,891,761 |
| 3 Month Average | 381.573 % | £1,354,584 | £1,709,584 |
| 6 Month Average | 516.859 % | £1,834,848 | £2,189,848 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £590,000 | £590,000 | FLAT 8 BYRON COURT FAIRFAX ROAD |
| 15 Nov 2023 | £386,850 | £381,123 | FLAT 15 HILLTOP COURT, 14 - 16 ALEXANDRA ROAD |
| 7 Jul 2023 | £598,049 | £590,000 | FLAT 16 HILLTOP COURT, 14 - 16 ALEXANDRA ROAD |
| 15 Nov 2022 | £1,798,218 | £1,820,000 | 41 BELSIZE ROAD |
| 28 Oct 2022 | £333,410 | £337,000 | 8E HILGROVE ROAD |
This house has a floor area of 196 sq meters or 2,109 sq feet when measured on 20 Feb 2020. Using an estimated price of £1,914,929 means this house is valued at £9,770 per sq meter (£907 per sq foot).
The average size of a house on HILGROVE ROAD is 94 sq meters (1,020 sq feet).