£711,874
This estimated value is based upon the latest sale price for the house of £690,000 on 8 Dec 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Adelaide Road, London, NW3 3QE
Phone: 02081282133
Price Paid | Date |
---|---|
£690,000 | 8 Dec 2023 |
£775,000 | 29 May 2015 |
£470,000 | 16 Aug 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 85 sq meters or 914 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 2023 the House Price Index for GREATER LONDON was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £690,000 results in an estimated price of approximately £711,874.
8 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £690,000 | £21,874 | £711,874 |
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 | 56.250 % | £388,125 | £1,078,125 |
3 Month Average | 32.826 % | £226,500 | £916,500 |
6 Month Average | -3.988 % | £-27,515 | £662,484 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £685,533 | £675,000 | 84C MALDEN ROAD |
28 Mar 2024 | £690,611 | £680,000 | LOWER GROUND FLOOR FLAT 66 MALDEN ROAD |
20 Dec 2023 | £340,462 | £330,000 | 58 BASSETT STREET |
8 Dec 2023 | £711,874 | £690,000 | 31B BASSETT STREET |
7 Mar 2023 | £1,067,833 | £1,050,000 | 94 MALDEN ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 14 Jul 2020. Using an estimated price of £711,874 means this house is valued at £8,374 per sq meter (£778 per sq foot).
The average size of a house on BASSETT STREET is 80 sq meters (863 sq feet).