£1,767,216
This estimated value is based upon the latest sale price for the house of £1,635,000 on 28 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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41a Mill Lane, London, NW6 1NB
Phone: 02036419559
Price Paid | Date |
---|---|
£1,635,000 | 28 Jun 2021 |
£1,150,000 | 31 Jul 2019 |
£1,000,000 | 17 Dec 2018 |
Terraced |
Freehold |
Floor Area: 129 sq meters or 1,388 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 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £1,635,000 results in an estimated price of approximately £1,767,216.
28 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £1,635,000 | £132,216 | £1,767,216 |
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 | 12.644 % | £206,725 | £1,841,725 |
3 Month Average | 17.832 % | £291,557 | £1,926,557 |
6 Month Average | 0.588 % | £9,620 | £1,644,620 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £1,878,888 | £1,845,000 | 33 SUMATRA ROAD |
29 Nov 2022 | £1,741,855 | £1,750,000 | 99 SUMATRA ROAD |
29 Jun 2022 | £1,788,225 | £1,750,000 | 75 SUMATRA ROAD |
25 Mar 2022 | £762,071 | £730,000 | 83A BROOMSLEIGH STREET |
14 Mar 2022 | £521,967 | £500,000 | 45A BROOMSLEIGH STREET |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 27 Sep 2018. Using an estimated price of £1,767,217 means this house is valued at £13,699 per sq meter (£1,272 per sq foot).
The average size of a house on SUMATRA ROAD is 92 sq meters (996 sq feet).