£3,710,962
This estimated value is based upon the latest sale price for the house of £3,025,000 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Platts Lane London,, NW3 7NP
Phone: 02045168323
| Price Paid | Date |
|---|---|
| £3,025,000 | 6 Dec 2019 |
| £1,425,000 | 31 Mar 2006 |
| £885,000 | 23 Jul 1999 |
| £110,000 | 17 Jun 1996 |
| Detached |
| Freehold |
| Floor Area: 262 sq meters or 2,820 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 December 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £3,025,000 results in an estimated price of approximately £3,710,962.
| 6 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £3,025,000 | £685,962 | £3,710,962 |
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 | -50.178 % | £-1,517,873 | £1,507,126 |
| 3 Month Average | -5.641 % | £-170,641 | £2,854,358 |
| 6 Month Average | 1.961 % | £59,325 | £3,084,325 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £616,341 | £608,460 | FLAT 3 12 PLATTS LANE |
| 10 Aug 2023 | £1,092,558 | £1,083,000 | 4 PLATTS LANE |
| 5 Jun 2023 | £2,457,265 | £2,427,500 | 71 PLATTS LANE |
| 5 Aug 2022 | £757,960 | £760,000 | FLAT 2 WHITE COURT PLATTS LANE |
| 18 Jul 2022 | £3,870,419 | £3,860,000 | 7 CLORANE GARDENS |
This house has a floor area of 262 sq meters or 2,820 sq feet when measured on 9 May 2019. Using an estimated price of £3,710,963 means this house is valued at £14,163 per sq meter (£1,315 per sq foot).
The average size of a house on PLATTS LANE is 161 sq meters (1,742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Briardale Gardens |
| Feb 2024 | Vehicle crime | Under investigation | On or near Briardale Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Pattison Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Theatre/Concert Hall |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Theatre/Concert Hall |