£559,922
This estimated value is based upon the latest sale price for the house of £530,000 on 9 Feb 2022. 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 |
|---|---|
| £530,000 | 9 Feb 2022 |
| £235,000 | 17 Jun 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 February 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £530,000 results in an estimated price of approximately £559,922.
| 9 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £530,000 | £29,922 | £559,922 |
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 | 68.612 % | £363,643 | £893,643 |
| 3 Month Average | 23.145 % | £122,666 | £652,666 |
| 6 Month Average | 4.162 % | £22,061 | £552,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £599,206 | £590,000 | FLAT 8 BYRON COURT FAIRFAX ROAD |
| 23 Oct 2023 | £486,039 | £475,000 | FLAT 8 NEWTON COURT, 35 FAIRFAX ROAD |
| 19 Sep 2023 | £1,840,574 | £1,800,000 | 29 FAIRFAX PLACE |
| 13 Sep 2023 | £628,863 | £615,000 | FLAT 7 THACKERAY COURT, 77 FAIRFAX ROAD |
| 9 Sep 2023 | £639,088 | £625,000 | FLAT 1 BEVERLEY COURT, 59 FAIRFAX ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 26 May 2021. Using an estimated price of £559,922 means this house is valued at £9,490 per sq meter (£881 per sq foot).
The average size of a house on FAIRFAX ROAD is 79 sq meters (851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Fairfax Place |