£1,668,275
This estimated value is based upon the latest sale price for the house of £900,000 on 2 Jun 2009. 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 |
|---|---|
| £900,000 | 2 Jun 2009 |
| £870,000 | 13 Jul 2006 |
| £645,000 | 1 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 2009 the House Price Index for GREATER LONDON was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.364%.Applying this 85.364% change to the original purchase price of £900,000 results in an estimated price of approximately £1,668,275.
| 2 Jun 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 149.7 | 85.364 % | £900,000 | £768,275 | £1,668,275 |
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 | 73.121 % | £658,091 | £1,558,091 |
| 3 Month Average | 112.440 % | £1,011,962 | £1,911,962 |
| 6 Month Average | 114.626 % | £1,031,636 | £1,931,636 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £599,206 | £590,000 | FLAT 8 BYRON COURT FAIRFAX ROAD |
| 15 Nov 2022 | £1,811,529 | £1,820,000 | 41 BELSIZE ROAD |
| 28 Oct 2022 | £335,878 | £337,000 | 8E HILGROVE ROAD |
| 2 Aug 2022 | £1,918,973 | £1,910,000 | 18 FAIRFAX ROAD |
| 11 May 2022 | £2,074,033 | £2,020,000 | 36 FAIRFAX ROAD |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 18 May 2021. Using an estimated price of £1,668,276 means this house is valued at £11,916 per sq meter (£1,107 per sq foot).
The average size of a house on BELSIZE ROAD is 102 sq meters (1,104 sq feet).