£2,934,662
This estimated value is based upon the latest sale price for the house of £1,720,000 on 1 Dec 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Platts Lane London,, NW3 7NP
Phone: 02045168323
| Price Paid | Date |
|---|---|
| £1,720,000 | 1 Dec 2009 |
| Detached |
| Freehold |
| Floor Area: 317 sq meters or 3,412 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 2009 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £1,720,000 results in an estimated price of approximately £2,934,662.
| 1 Dec 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.620 % | £1,720,000 | £1,214,662 | £2,934,662 |
The Postcode Pricing Model uses changes in average sales price within the NW2 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 | -54.650 % | £-939,986 | £780,013 |
| 3 Month Average | 60.256 % | £1,036,408 | £2,756,408 |
| 6 Month Average | 73.205 % | £1,259,128 | £2,979,128 |
This house has a floor area of 317 sq meters or 3,412 sq feet when measured on 24 Jun 2016.
The average size of a house on BURGESS HILL is 256 sq meters (2,763 sq feet).
This house is the largest in the street with a floor area of 317 sq meters (3,412 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Burgess Hill | |
| Jan 2024 | Anti-social behaviour | On or near Burgess Hill | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Burgess Hill |
| Jan 2024 | Anti-social behaviour | On or near Burgess Hill | |
| Dec 2023 | Anti-social behaviour | On or near Burgess Hill |