£1,377,162
This estimated value is based upon the latest sale price for the house of £650,000 on 12 Feb 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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78 Royal Hospital Road, Chelsea, London, SW3 4HN
Phone: 02080332772
| Price Paid | Date |
|---|---|
| £650,000 | 12 Feb 2004 |
| Terraced |
| Freehold |
| Floor Area: 207 sq meters or 2,228 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 2004 the House Price Index for GREATER LONDON was 70.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 111.871%.Applying this 111.871% change to the original purchase price of £650,000 results in an estimated price of approximately £1,377,162.
| 12 Feb 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 148.6 | 111.871 % | £650,000 | £727,162 | £1,377,162 |
The Postcode Pricing Model uses changes in average sales price within the SW3 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 | 63.436 % | £412,332 | £1,062,332 |
| 3 Month Average | 116.205 % | £755,331 | £1,405,331 |
| 6 Month Average | 166.514 % | £1,082,341 | £1,732,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £1,743,465 | £1,720,000 | 17 PARADISE WALK |
| 2 Jun 2023 | £3,112,705 | £3,075,000 | 10 DILKE STREET |
| 5 May 2022 | £1,987,449 | £1,950,000 | 23 PARADISE WALK |
| 18 Aug 2021 | £6,905,661 | £6,190,000 | FLAT 4 TURNER'S REACH HOUSE, 8 - 10 CHELSEA EMBANKMENT |
| 16 Jun 2021 | £611,567 | £570,000 | FLAT 21 9 CHELSEA EMBANKMENT |
This house has a floor area of 207 sq meters or 2,228 sq feet when measured on 19 Mar 2015. Using an estimated price of £1,377,162 means this house is valued at £6,652 per sq meter (£618 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Dilke Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dilke Street |
| Feb 2024 | Other theft | Under investigation | On or near Dilke Street |
| Mar 2024 | Vehicle crime | Under investigation | On or near Clover Mews |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Paradise Walk |