£197,263
This estimated value is based upon the latest sale price for the house of £35,000 on 28 Mar 1995. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Office 5, Unit 1, 1000 North Circular Road, London, NW2 7JP
Phone: 02080338754
| Price Paid | Date |
|---|---|
| £35,000 | 28 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 March 1995 the House Price Index for GREATER LONDON was 26.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 463.609%.Applying this 463.609% change to the original purchase price of £35,000 results in an estimated price of approximately £197,263.
| 28 Mar 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 149.7 | 463.609 % | £35,000 | £162,263 | £197,263 |
The Postcode Pricing Model uses changes in average sales price within the NW2 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 | 595.174 % | £208,310 | £243,310 |
| 3 Month Average | 630.058 % | £220,520 | £255,520 |
| 6 Month Average | 601.826 % | £210,638 | £245,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2024 | £4,000,000 | £4,000,000 | 709 NORTH CIRCULAR ROAD |
| 23 Jun 2023 | £520,429 | £510,000 | 1 BROOK ROAD |
| 15 Mar 2023 | £282,721 | £278,000 | 59 SHEPHERDS WALK |
| 24 Oct 2022 | £1,594,674 | £1,600,000 | 645 NORTH CIRCULAR ROAD |
| 8 Jul 2022 | £181,822 | £180,000 | 659 NORTH CIRCULAR ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 22 Aug 2019. Using an estimated price of £197,263 means this house is valued at £2,630 per sq meter (£244 per sq foot).
The average size of a house on NORTH CIRCULAR ROAD is 91 sq meters (984 sq feet).