£580,095
This estimated value is based upon the latest sale price for the house of £235,000 on 28 Feb 2003. 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 |
|---|---|
| £235,000 | 28 Feb 2003 |
| £121,500 | 2 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 2003 the House Price Index for GREATER LONDON was 60.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 146.849%.Applying this 146.849% change to the original purchase price of £235,000 results in an estimated price of approximately £580,095.
| 28 Feb 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 149.7 | 146.849 % | £235,000 | £345,095 | £580,095 |
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 | 122.681 % | £288,299 | £523,299 |
| 3 Month Average | 172.824 % | £406,135 | £641,135 |
| 6 Month Average | 185.974 % | £437,038 | £672,038 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £599,206 | £590,000 | FLAT 8 BYRON COURT FAIRFAX ROAD |
| 29 Sep 2023 | £541,947 | £530,000 | FLAT 10 OAKLANDS HOUSE, 59 - 65 BELSIZE ROAD |
| 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 |
| 7 Mar 2023 | £432,218 | £425,000 | FLAT 22 OAKLANDS HOUSE, 59 - 65 BELSIZE ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 11 Jul 2020. Using an estimated price of £580,096 means this house is valued at £9,207 per sq meter (£855 per sq foot).
The average size of a house on BELSIZE ROAD is 102 sq meters (1,104 sq feet).