£1,700,700
This estimated value is based upon the latest sale price for the house of £1,370,000 on 2 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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85-87 Bayham Street, NW1 0AG
Phone: 02080226295
Price Paid | Date |
---|---|
£1,370,000 | 2 Nov 2018 |
£650,000 | 21 Dec 2006 |
Terraced |
Freehold |
Floor Area: 108 sq meters or 1,162 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 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £1,370,000 results in an estimated price of approximately £1,700,700.
2 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.139 % | £1,370,000 | £330,700 | £1,700,700 |
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 | -30.723 % | £-420,908 | £949,091 |
3 Month Average | -3.387 % | £-46,400 | £1,323,599 |
6 Month Average | -10.437 % | £-142,991 | £1,227,008 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £463,259 | £451,500 | 3B ALBERT STREET |
1 Nov 2023 | £595,106 | £580,000 | LOWER GROUND FLOOR FLAT 11 ALBERT STREET |
16 Aug 2023 | £1,527,551 | £1,500,000 | 14 ALBERT STREET |
7 Jun 2023 | £413,282 | £405,000 | GROUND FLOOR FLAT 17 ARLINGTON ROAD |
20 Jun 2022 | £2,554,607 | £2,500,000 | 28 ALBERT STREET |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 22 Apr 2016. Using an estimated price of £1,700,701 means this house is valued at £15,747 per sq meter (£1,462 per sq foot).
The average size of a house on ALBERT STREET is 105 sq meters (1,130 sq feet).