£727,573
This estimated value is based upon the latest sale price for the house of £423,500 on 23 May 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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31 Oval Road, London, NW1 7EA
Phone: 02036416615
| Price Paid | Date |
|---|---|
| £423,500 | 23 May 2012 |
| £360,000 | 30 Jun 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 519 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 2012 the House Price Index for GREATER LONDON was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £423,500 results in an estimated price of approximately £727,573.
| 23 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £423,500 | £304,073 | £727,573 |
The Postcode Pricing Model uses changes in average sales price within the NW1 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 | 25.340 % | £107,316 | £530,816 |
| 3 Month Average | 52.950 % | £224,241 | £647,741 |
| 6 Month Average | 43.303 % | £183,386 | £606,886 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £814,694 | £800,000 | FLAT 121 LOCK HOUSE, 35 OVAL ROAD |
| 11 Dec 2020 | £768,879 | £665,000 | FLAT 108 LOCK HOUSE, 35 OVAL ROAD |
| 20 Aug 2019 | £619,837 | £500,000 | FLAT 38 LOCK HOUSE, 35 OVAL ROAD |
| 11 May 2019 | £669,965 | £538,000 | FLAT 140 LOCK HOUSE, 35 OVAL ROAD |
| 30 May 2018 | £879,587 | £700,000 | FLAT 135 LOCK HOUSE, 35 OVAL ROAD |
This house has a floor area of 48 sq meters or 519 sq feet when measured on 2 Mar 2012. Using an estimated price of £727,573 means this house is valued at £15,069 per sq meter (£1,400 per sq foot).
The average size of a house on OVAL ROAD is 74 sq meters (804 sq feet).