£1,974,913
This estimated value is based upon the latest sale price for the house of £1,350,000 on 2 Jun 2015. 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 |
|---|---|
| £1,350,000 | 2 Jun 2015 |
| £295,000 | 9 Jun 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 June 2015 the House Price Index for GREATER LONDON was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £1,350,000 results in an estimated price of approximately £1,974,913.
| 2 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £1,350,000 | £624,913 | £1,974,913 |
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 | -44.080 % | £-595,073 | £754,926 |
| 3 Month Average | -5.217 % | £-70,433 | £1,279,566 |
| 6 Month Average | -13.211 % | £-178,350 | £1,171,649 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £4,232,000 | £4,232,000 | 64 ROYAL HOSPITAL ROAD |
| 19 Apr 2024 | £2,723,652 | £2,700,000 | 12 CAVERSHAM STREET |
| 3 Nov 2023 | £887,529 | £865,000 | FLAT 25 25 CHEYNE PLACE |
| 15 Jun 2023 | £816,360 | £800,000 | FLAT 16 25 CHEYNE PLACE |
| 6 Mar 2023 | £864,436 | £850,000 | FLAT 24 25 CHEYNE PLACE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 21 Apr 2015. Using an estimated price of £1,974,913 means this house is valued at £24,381 per sq meter (£2,265 per sq foot).
The average size of a house on CHEYNE PLACE is 110 sq meters (1,188 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Apr 2024 | Public order | Under investigation | On or near Further/Higher Educational Building |
| Apr 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Apr 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Apr 2024 | Anti-social behaviour | On or near Further/Higher Educational Building |