£359,865
This estimated value is based upon the latest sale price for the house of £116,000 on 28 Feb 2002. 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 |
---|---|
£116,000 | 28 Feb 2002 |
£50,000 | 2 Jun 1995 |
Flats/Maisonettes |
Freehold |
Floor Area: 71 sq meters or 764 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 2002 the House Price Index for GREATER LONDON was 48.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 210.229%.Applying this 210.229% change to the original purchase price of £116,000 results in an estimated price of approximately £359,865.
28 Feb 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
48.3 | 149.7 | 210.229 % | £116,000 | £243,865 | £359,865 |
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 | 177.065 % | £205,394 | £321,394 |
3 Month Average | 203.186 % | £235,696 | £351,696 |
6 Month Average | 171.407 % | £198,832 | £314,832 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £396,085 | £390,000 | 5 RIPON LONG FIELD |
19 Aug 2022 | £351,644 | £350,000 | 8 PARTRIDGE GREAT FIELD |
16 Feb 2022 | £338,066 | £320,000 | FLAT 3 RANKIN CLAYTON FIELD |
30 Jun 2021 | £502,603 | £465,000 | 39 WARDELL CLOSE |
11 Dec 2020 | £433,578 | £375,000 | 24 WARDELL CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 1 Mar 2013. Using an estimated price of £359,866 means this house is valued at £5,068 per sq meter (£470 per sq foot).
The average size of a house on CLAYTON FIELD is 87 sq meters (937 sq feet).