£1,933,675
This estimated value is based upon the latest sale price for the house of £381,000 on 8 Aug 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Lancaster Drive
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27 Belsize Lane, Belsize Village, Hampstead, NW3 5AS
Phone: 02034630043
| Price Paid | Date |
|---|---|
| £381,000 | 8 Aug 1997 |
| £246,750 | 31 Jul 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 117 sq meters or 1,259 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 1997 the House Price Index for GREATER LONDON was 29.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 407.526%.Applying this 407.526% change to the original purchase price of £381,000 results in an estimated price of approximately £1,933,675.
| 8 Aug 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 149.7 | 407.526 % | £381,000 | £1,552,675 | £1,933,675 |
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 | 424.848 % | £1,618,671 | £1,999,671 |
| 3 Month Average | 394.957 % | £1,504,784 | £1,885,784 |
| 6 Month Average | 405.016 % | £1,543,110 | £1,924,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2024 | £850,000 | £850,000 | REAR GROUND FLOOR FLAT 12 BELSIZE PARK GARDENS |
| 27 Oct 2023 | £1,611,603 | £1,575,000 | SECOND AND THIRD FLOOR MAISONETTE 5 LANCASTER DRIVE |
| 8 Sep 2023 | £1,367,137 | £1,337,000 | FLAT 2 29 BELSIZE PARK GARDENS |
| 22 Mar 2023 | £516,628 | £508,000 | FLAT 27 35 - 36 BELSIZE SQUARE |
| 16 Jan 2023 | £1,102,947 | £1,100,000 | FLAT 5 13 BELSIZE PARK GARDENS |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 28 Sep 2015. Using an estimated price of £1,933,676 means this house is valued at £16,527 per sq meter (£1,535 per sq foot).
The average size of a house on BELSIZE SQUARE is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Drive |
| Sep 2024 | Other theft | Under investigation | On or near Lancaster Drive |
| Aug 2024 | Vehicle crime | Under investigation | On or near Lancaster Drive |
| Jul 2024 | Burglary | Under investigation | On or near Lancaster Drive |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lancaster Drive |