£615,549
This estimated value is based upon the latest sale price for the house of £357,500 on 14 Mar 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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27 Belsize Lane, Belsize Village, Hampstead, NW3 5AS
Phone: 02034630043
Price Paid | Date |
---|---|
£357,500 | 14 Mar 2012 |
£223,000 | 11 Jun 2004 |
£100,000 | 26 Mar 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 36 sq meters or 395 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 March 2012 the House Price Index for GREATER LONDON was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £357,500 results in an estimated price of approximately £615,549.
14 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 149.7 | 72.182 % | £357,500 | £258,049 | £615,549 |
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 | 22.069 % | £78,898 | £436,398 |
3 Month Average | 44.526 % | £159,179 | £516,679 |
6 Month Average | 52.382 % | £187,264 | £544,764 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £1,611,603 | £1,575,000 | SECOND AND THIRD FLOOR MAISONETTE 5 LANCASTER DRIVE |
8 Sep 2023 | £1,367,137 | £1,337,000 | FLAT 2 29 BELSIZE PARK GARDENS |
22 Mar 2023 | £516,628 | £508,000 | FLAT 27 35 - 36 BELSIZE SQUARE |
16 Jan 2023 | £1,102,947 | £1,100,000 | FLAT 5 13 BELSIZE PARK GARDENS |
30 Nov 2022 | £1,542,786 | £1,550,000 | TOP FLOOR MAISONETTE 23 BELSIZE SQUARE |
This house has a floor area of 36 sq meters or 395 sq feet when measured on 15 Dec 2011. Using an estimated price of £615,549 means this house is valued at £16,740 per sq meter (£1,555 per sq foot).
The average size of a house on BELSIZE SQUARE is 101 sq meters (1,090 sq feet).
This house is the smallest in the street with a floor area of 36 sq meters (395 sq feet).