£2,047,542
This estimated value is based upon the latest sale price for the house of £1,700,000 on 3 Mar 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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38 Gloucester Road, London, SW7 4QT
Phone: 02081153137
| Price Paid | Date |
|---|---|
| £1,700,000 | 3 Mar 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 137 sq meters or 1,474 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 March 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £1,700,000 results in an estimated price of approximately £2,047,542.
| 3 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £1,700,000 | £347,542 | £2,047,542 |
The Postcode Pricing Model uses changes in average sales price within the SW7 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 | -69.240 % | £-1,177,072 | £522,927 |
| 3 Month Average | 23.819 % | £404,918 | £2,104,918 |
| 6 Month Average | 3.097 % | £52,648 | £1,752,648 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2023 | £1,463,791 | £1,450,000 | FLAT 5 20 ELVASTON PLACE |
| 20 Jun 2022 | £1,095,481 | £1,080,000 | FLAT 2 25 ELVASTON PLACE |
| 4 Apr 2022 | £1,503,507 | £1,460,000 | FLAT 3 23 ELVASTON PLACE |
| 31 Jan 2022 | £1,347,082 | £1,280,000 | FLAT 9 25 ELVASTON PLACE |
| 21 Dec 2021 | £980,310 | £915,000 | APARTMENT 6 18 QUEENS GATE TERRACE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 12 Oct 2018. Using an estimated price of £2,047,543 means this house is valued at £14,945 per sq meter (£1,388 per sq foot).
The average size of a house on ELVASTON MEWS is 194 sq meters (2,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Gore Street |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Gore Street |
| Jan 2024 | Vehicle crime | Under investigation | On or near Gore Street |
| Apr 2024 | Public order | Under investigation | On or near Elvaston Mews |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Elvaston Mews |