£1,923,567
This estimated value is based upon the latest sale price for the house of £445,100 on 25 Jun 1999. 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 |
|---|---|
| £445,100 | 25 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,297 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 June 1999 the House Price Index for GREATER LONDON was 33.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 332.165%.Applying this 332.165% change to the original purchase price of £445,100 results in an estimated price of approximately £1,923,567.
| 25 Jun 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 146.7 | 332.165 % | £445,100 | £1,478,467 | £1,923,567 |
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 | 66.980 % | £298,127 | £743,227 |
| 3 Month Average | 230.741 % | £1,027,027 | £1,472,127 |
| 6 Month Average | 289.063 % | £1,286,618 | £1,731,718 |
This house has a floor area of 120 sq meters or 1,297 sq feet when measured on 27 Apr 2010.
The average size of a house on GLOUCESTER CRESCENT is 182 sq meters (1,963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Gloucester Crescent |