£640,274
This estimated value is based upon the latest sale price for the house of £501,750 on 30 Jun 2017. 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 |
|---|---|
| £501,750 | 30 Jun 2017 |
| £450,000 | 17 Jul 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 June 2017 the House Price Index for GREATER LONDON was 116.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 27.608%.Applying this 27.608% change to the original purchase price of £501,750 results in an estimated price of approximately £640,274.
| 30 Jun 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.0 | 27.608 % | £501,750 | £138,524 | £640,274 |
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 | -34.438 % | £-172,791 | £328,958 |
| 3 Month Average | -23.315 % | £-116,982 | £384,767 |
| 6 Month Average | 11.628 % | £58,342 | £560,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £592,000 | £590,000 | FLAT 8 BYRON COURT FAIRFAX ROAD |
| 15 Nov 2023 | £386,079 | £381,123 | FLAT 15 HILLTOP COURT, 14 - 16 ALEXANDRA ROAD |
| 7 Jul 2023 | £595,634 | £590,000 | FLAT 16 HILLTOP COURT, 14 - 16 ALEXANDRA ROAD |
| 15 Nov 2022 | £1,790,958 | £1,820,000 | 41 BELSIZE ROAD |
| 28 Oct 2022 | £332,064 | £337,000 | 8E HILGROVE ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 25 Apr 2014. Using an estimated price of £640,274 means this house is valued at £15,244 per sq meter (£1,416 per sq foot).
The average size of a house on HILGROVE ROAD is 94 sq meters (1,020 sq feet).