£3,132,817
This estimated value is based upon the latest sale price for the house of £2,565,000 on 23 Oct 2019. 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 |
|---|---|
| £2,565,000 | 23 Oct 2019 |
| £690,000 | 5 Sep 1997 |
| £395,500 | 6 May 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 245 sq meters or 2,637 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £2,565,000 results in an estimated price of approximately £3,132,817.
| 23 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £2,565,000 | £567,817 | £3,132,817 |
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 | -25.642 % | £-657,713 | £1,907,286 |
| 3 Month Average | -16.509 % | £-423,443 | £2,141,556 |
| 6 Month Average | 18.722 % | £480,225 | £3,045,225 |
| 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 245 sq meters or 2,637 sq feet when measured on 22 Oct 2018. Using an estimated price of £3,132,818 means this house is valued at £12,787 per sq meter (£1,187 per sq foot).
The average size of a house on HILGROVE ROAD is 94 sq meters (1,020 sq feet).
This house is the largest in the street with a floor area of 245 sq meters (2,637 sq feet).