£1,444,533
This estimated value is based upon the latest sale price for the house of £1,160,000 on 23 May 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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27 Belsize Lane, Belsize Village, Hampstead, NW3 5AS
Phone: 02034630043
Price Paid | Date |
---|---|
£1,160,000 | 23 May 2019 |
£1,240,000 | 28 May 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 92 sq meters or 990 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 May 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £1,160,000 results in an estimated price of approximately £1,444,533.
23 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £1,160,000 | £284,533 | £1,444,533 |
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 | -21.033 % | £-243,979 | £916,020 |
3 Month Average | -17.977 % | £-208,536 | £951,463 |
6 Month Average | -5.988 % | £-69,463 | £1,090,536 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £2,114,989 | £2,050,000 | 7A BELSIZE PARK GARDENS |
30 Oct 2023 | £798,127 | £780,000 | FLAT 2 5 BELSIZE SQUARE |
25 May 2022 | £1,026,749 | £1,000,000 | FLAT 5 22 BELSIZE SQUARE |
19 Mar 2021 | £1,525,034 | £1,360,000 | 1A BELSIZE PARK GARDENS |
18 Jun 2020 | £786,887 | £645,000 | GROUND FLOOR FLAT 23 BELSIZE SQUARE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 28 Mar 2014. Using an estimated price of £1,444,534 means this house is valued at £15,701 per sq meter (£1,458 per sq foot).
The average size of a house on BELSIZE SQUARE is 101 sq meters (1,090 sq feet).