£1,991,059
This estimated value is based upon the latest sale price for the house of £1,600,000 on 28 Feb 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
7 Platts Lane London,, NW3 7NP
Phone: 02045168323
Price Paid | Date |
---|---|
£1,600,000 | 28 Feb 2019 |
Semi-Detached |
Freehold |
Floor Area: 209 sq meters or 2,249 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £1,600,000 results in an estimated price of approximately £1,991,059.
28 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.441 % | £1,600,000 | £391,059 | £1,991,059 |
The Postcode Pricing Model uses changes in average sales price within the NW3 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 | 8.329 % | £133,266 | £1,733,266 |
3 Month Average | 22.104 % | £353,666 | £1,953,666 |
6 Month Average | 12.651 % | £202,408 | £1,802,408 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 May 2024 | £950,000 | £950,000 | 13 PATTISON ROAD |
5 Aug 2022 | £763,570 | £760,000 | FLAT 2 WHITE COURT PLATTS LANE |
18 Jul 2022 | £3,899,069 | £3,860,000 | 7 CLORANE GARDENS |
6 Apr 2022 | £2,779,253 | £2,679,000 | 33 BRIARDALE GARDENS |
12 Nov 2021 | £3,595,415 | £3,300,000 | 3 CLORANE GARDENS |
This house has a floor area of 209 sq meters or 2,249 sq feet when measured on 15 Oct 2018. Using an estimated price of £1,991,059 means this house is valued at £9,526 per sq meter (£885 per sq foot).
The average size of a house on BRIARDALE GARDENS is 153 sq meters (1,650 sq feet).