£1,751,935
This estimated value is based upon the latest sale price for the house of £534,500 on 18 Sep 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Berkeley st, London, W1J 8DZ
Phone: 02045165261
| Price Paid | Date |
|---|---|
| £534,500 | 18 Sep 2001 |
| £441,000 | 3 Mar 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 107 sq meters or 1,154 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 September 2001 the House Price Index for GREATER LONDON was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £534,500 results in an estimated price of approximately £1,751,935.
| 18 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 148.6 | 227.771 % | £534,500 | £1,217,435 | £1,751,935 |
The Postcode Pricing Model uses changes in average sales price within the W1J 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 | 89.912 % | £480,578 | £1,015,078 |
| 3 Month Average | 282.711 % | £1,511,088 | £2,045,588 |
| 6 Month Average | 245.924 % | £1,314,464 | £1,848,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £2,530,654 | £2,500,000 | FLAT 41 BERKELEY HOUSE, 15 HAY HILL |
| 23 Sep 2022 | £1,537,583 | £1,550,000 | FLAT 48 BERKELEY HOUSE, 15 HAY HILL |
| 16 Sep 2022 | £1,314,386 | £1,325,000 | FLAT 33 BERKELEY HOUSE, 15 HAY HILL |
| 5 Aug 2022 | £32,288,088 | £32,375,000 | 14 BERKELEY STREET |
| 31 May 2022 | £1,421,790 | £1,395,000 | FLAT 11 10 BERKELEY STREET |
This house has a floor area of 107 sq meters or 1,154 sq feet when measured on 7 Feb 2012. Using an estimated price of £1,751,935 means this house is valued at £16,339 per sq meter (£1,517 per sq foot).
The average size of a house on BERKELEY STREET is 81 sq meters (874 sq feet).