£2,604,337
This estimated value is based upon the latest sale price for the house of £1,525,000 on 21 Jan 2013. 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 |
|---|---|
| £1,525,000 | 21 Jan 2013 |
| £545,000 | 25 Feb 2003 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 January 2013 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £1,525,000 results in an estimated price of approximately £2,604,337.
| 21 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.776 % | £1,525,000 | £1,079,337 | £2,604,337 |
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 | -45.102 % | £-687,799 | £837,200 |
| 3 Month Average | -2.897 % | £-44,177 | £1,480,822 |
| 6 Month Average | 2.894 % | £44,128 | £1,569,128 |
| 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 |
| 24 Nov 2021 | £1,841,288 | £1,690,000 | 9 PARADISE WALK |
| 12 Oct 2021 | £3,678,406 | £3,300,000 | 4 PHYSIC PLACE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 6 Jan 2009. Using an estimated price of £2,604,337 means this house is valued at £38,864 per sq meter (£3,610 per sq foot).
The average size of a house on PARADISE WALK is 118 sq meters (1,276 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Under investigation | On or near Physic Place |
| Apr 2024 | Vehicle crime | Under investigation | On or near Tite Street |
| Apr 2024 | Bicycle theft | Under investigation | On or near Tite Street |