£965,709
This estimated value is based upon the latest sale price for the house of £720,000 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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27 Belsize Lane, Belsize Village, Hampstead, NW3 5AS
Phone: 02034630043
Price Paid | Date |
---|---|
£720,000 | 26 Aug 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 August 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £720,000 results in an estimated price of approximately £965,709.
26 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £720,000 | £245,709 | £965,709 |
The Postcode Pricing Model uses changes in average sales price within the NW3 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 | 27.264 % | £196,303 | £916,303 |
3 Month Average | 5.750 % | £41,401 | £761,401 |
6 Month Average | 13.064 % | £94,062 | £814,062 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Oct 2023 | £798,127 | £780,000 | FLAT 2 5 BELSIZE SQUARE |
19 Sep 2023 | £631,419 | £617,500 | 10D BELSIZE SQUARE |
30 Nov 2022 | £1,542,786 | £1,550,000 | TOP FLOOR MAISONETTE 23 BELSIZE SQUARE |
4 Jul 2022 | £436,878 | £432,500 | FLAT 17 GABRIELLE COURT 1-3 LANCASTER GROVE |
25 May 2022 | £1,026,749 | £1,000,000 | FLAT 5 22 BELSIZE SQUARE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 9 May 2016. Using an estimated price of £965,709 means this house is valued at £16,095 per sq meter (£1,495 per sq foot).
The average size of a house on BELSIZE SQUARE is 101 sq meters (1,090 sq feet).