£440,085
This estimated value is based upon the latest sale price for the house of £385,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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47 Chalton Street, London, NW1 1HY
Phone: 02034632615
Price Paid | Date |
---|---|
£385,000 | 4 Dec 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £385,000 results in an estimated price of approximately £440,085.
4 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.0 | 14.308 % | £385,000 | £55,085 | £440,085 |
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 | 7.908 % | £30,445 | £415,445 |
3 Month Average | 18.643 % | £71,774 | £456,774 |
6 Month Average | 6.653 % | £25,615 | £410,615 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2023 | £442,391 | £440,000 | FLAT 40 CHAMBERLAIN HOUSE PHOENIX ROAD |
10 Mar 2023 | £444,905 | £442,500 | 10 SOMERS CLOSE |
30 Sep 2021 | £768,441 | £716,000 | 18 PLATT STREET |
22 Sep 2021 | £461,494 | £430,000 | FLAT 23 PHOENIX COURT PURCHESE STREET |
17 Sep 2021 | £429,297 | £400,000 | 67 COOPERS LANE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 7 Nov 2019. Using an estimated price of £440,086 means this house is valued at £11,002 per sq meter (£1,022 per sq foot).
The average size of a house on PURCHESE STREET is 68 sq meters (735 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (430 sq feet).