£543,760
This estimated value is based upon the latest sale price for the house of £390,000 on 3 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Charcot Road, NW9 5HG
Phone: 02080331824
Price Paid | Date |
---|---|
£390,000 | 3 Dec 2015 |
Terraced |
Leasehold |
Floor Area: 79 sq meters or 850 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 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £390,000 results in an estimated price of approximately £543,760.
3 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £390,000 | £153,760 | £543,760 |
The Postcode Pricing Model uses changes in average sales price within the NW9 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 | 5.699 % | £22,225 | £412,225 |
3 Month Average | 36.609 % | £142,776 | £532,776 |
6 Month Average | 18.421 % | £71,841 | £461,841 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Mar 2023 | £472,897 | £465,000 | 56 CANTERBURY COURT CHERRY CLOSE |
1 Mar 2023 | £269,501 | £265,000 | FLAT 11 BLACKCAP COURT, 8 EAGLE DRIVE |
18 Jan 2023 | £230,616 | £230,000 | FLAT 19 YELLOWHAMMER COURT, 26 EAGLE DRIVE |
13 Aug 2021 | £359,640 | £320,000 | 87 FROBISHER COURT HAZEL CLOSE |
9 Jul 2021 | £555,731 | £480,000 | 71 FROBISHER COURT HAZEL CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 19 Jun 2015. Using an estimated price of £543,761 means this house is valued at £6,883 per sq meter (£639 per sq foot).
The average size of a house on HAZEL CLOSE is 85 sq meters (919 sq feet).