£2,038,547
This estimated value is based upon the latest sale price for the house of £1,725,000 on 28 Oct 2020. 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 |
|---|---|
| £1,725,000 | 28 Oct 2020 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 October 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £1,725,000 results in an estimated price of approximately £2,038,547.
| 28 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £1,725,000 | £313,547 | £2,038,547 |
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 | -52.427 % | £-904,364 | £820,635 |
| 3 Month Average | -30.534 % | £-526,714 | £1,198,285 |
| 6 Month Average | -31.265 % | £-539,326 | £1,185,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £1,273,826 | £1,250,000 | FLAT 1 48 TITE STREET |
| 30 Aug 2022 | £14,015,536 | £13,950,000 | 44 TITE STREET |
| 5 May 2022 | £2,002,160 | £1,950,000 | 23 PARADISE WALK |
| 31 Mar 2022 | £850,805 | £815,000 | FLAT 4 LAMPARD HOUSE, 76 ROYAL HOSPITAL ROAD |
| 12 Jan 2022 | £901,169 | £850,000 | FLAT 7 LAMPARD HOUSE, 76 ROYAL HOSPITAL ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 13 Sep 2018. Using an estimated price of £2,038,548 means this house is valued at £23,431 per sq meter (£2,176 per sq foot).
The average size of a house on PARADISE WALK is 118 sq meters (1,276 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Under investigation | On or near Physic Place |
| Apr 2024 | Bicycle theft | Under investigation | On or near Tite Street |
| Apr 2024 | Vehicle crime | Under investigation | On or near Tite Street |