£336,573
This estimated value is based upon the latest sale price for the house of £265,000 on 4 Aug 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 17 Spectrum House, 32-34 Gordon House Road, Kentish Town, NW5 1LP
Phone: 02034630255
| Price Paid | Date |
|---|---|
| £265,000 | 4 Aug 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 35 sq meters or 376 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 August 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £265,000 results in an estimated price of approximately £336,573.
| 4 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £265,000 | £71,573 | £336,573 |
The Postcode Pricing Model uses changes in average sales price within the NW5 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 | -51.937 % | £-137,634 | £127,365 |
| 3 Month Average | -16.641 % | £-44,098 | £220,901 |
| 6 Month Average | 9.171 % | £24,303 | £289,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £525,784 | £518,000 | 23 WELLESLEY ROAD |
| 14 Sep 2023 | £496,346 | £490,000 | FLAT 10 2 VICARS ROAD |
| 28 Apr 2023 | £537,791 | £532,000 | 221 WEEDINGTON ROAD |
| 28 Apr 2023 | £329,548 | £326,000 | 151 WEEDINGTON ROAD |
| 24 Mar 2023 | £417,433 | £413,500 | 338 WEEDINGTON ROAD |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 8 Jul 2014. Using an estimated price of £336,574 means this house is valued at £9,616 per sq meter (£893 per sq foot).
The average size of a house on WELLESLEY ROAD is 65 sq meters (707 sq feet).