£3,862,786
This estimated value is based upon the latest sale price for the house of £3,100,000 on 13 Aug 2018. 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 |
|---|---|
| £3,100,000 | 13 Aug 2018 |
| £1,050,000 | 8 Jan 2004 |
| Terraced |
| Freehold |
| Floor Area: 169 sq meters or 1,823 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 August 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £3,100,000 results in an estimated price of approximately £3,862,786.
| 13 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £3,100,000 | £762,786 | £3,862,786 |
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 | -55.216 % | £-1,711,700 | £1,388,299 |
| 3 Month Average | 2.785 % | £86,338 | £3,186,338 |
| 6 Month Average | -3.445 % | £-106,789 | £2,993,210 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2024 | £2,875,000 | £2,875,000 | 39 CHARLES II PLACE |
| 30 Nov 2023 | £1,231,254 | £1,200,000 | 14 TEDWORTH SQUARE |
| 27 Nov 2023 | £2,282,951 | £2,225,000 | 10 CHARLES II PLACE |
| 25 Oct 2023 | £8,032,433 | £7,850,000 | 44 SMITH TERRACE |
| 22 Sep 2023 | £2,402,971 | £2,350,000 | 39 SMITH TERRACE |
This house has a floor area of 169 sq meters or 1,823 sq feet when measured on 27 Jul 2010. Using an estimated price of £3,862,786 means this house is valued at £22,802 per sq meter (£2,118 per sq foot).
The average size of a house on SMITH TERRACE is 180 sq meters (1,943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Smith Terrace |
| Apr 2024 | Vehicle crime | Under investigation | On or near Smith Terrace |
| Apr 2024 | Vehicle crime | Under investigation | On or near Radnor Walk |
| Apr 2024 | Vehicle crime | Under investigation | On or near Tedworth Square |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |