£1,494,190
This estimated value is based upon the latest sale price for the house of £1,230,000 on 2 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Regency Parade, Finchley Road, London, NW3 5EQ
Phone: 02081154629
Price Paid | Date |
---|---|
£1,230,000 | 2 Jan 2020 |
£1,197,392 | 27 Jun 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 103 sq meters or 1,108 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £1,230,000 results in an estimated price of approximately £1,494,190.
2 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.0 | 21.479 % | £1,230,000 | £264,190 | £1,494,190 |
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 | -52.666 % | £-647,792 | £582,207 |
3 Month Average | -6.714 % | £-82,586 | £1,147,413 |
6 Month Average | 0.754 % | £9,271 | £1,239,271 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £435,592 | £430,000 | FLAT 40 MELROSE APARTMENTS, 6 WINCHESTER ROAD |
3 Feb 2023 | £612,105 | £615,000 | FLAT 97 VISAGE APARTMENTS WINCHESTER ROAD |
26 Aug 2022 | £819,463 | £825,000 | FLAT 86 VISAGE APARTMENTS WINCHESTER ROAD |
6 Sep 2021 | £2,468,455 | £2,300,000 | FLAT 51 MELROSE APARTMENTS, 6 WINCHESTER ROAD |
18 Nov 2020 | £744,764 | £645,000 | FLAT 79 VISAGE APARTMENTS WINCHESTER ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 2 Oct 2021. Using an estimated price of £1,494,191 means this house is valued at £14,506 per sq meter (£1,347 per sq foot).
The average size of a house on WINCHESTER ROAD is 87 sq meters (937 sq feet).