£706,858
This estimated value is based upon the latest sale price for the house of £385,000 on 28 Oct 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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51 Chelsea Manor Street, Chelsea, SW3 5RZ
Phone: 02077681676
| Price Paid | Date |
|---|---|
| £385,000 | 28 Oct 2005 |
| Flats/Maisonettes |
| Leasehold |
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 October 2005 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £385,000 results in an estimated price of approximately £706,858.
| 28 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.599 % | £385,000 | £321,858 | £706,858 |
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 | 10.231 % | £39,387 | £424,387 |
| 3 Month Average | 113.967 % | £438,774 | £823,774 |
| 6 Month Average | 111.809 % | £430,465 | £815,465 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £749,008 | £737,500 | FLAT 113 PIER HOUSE, 31 CHEYNE WALK |
| 26 Oct 2023 | £711,152 | £695,000 | FLAT 53 PIER HOUSE, 31 CHEYNE WALK |
| 20 Jun 2023 | £1,428,630 | £1,400,000 | FLAT 83 PIER HOUSE, 31 CHEYNE WALK |
| 25 Jan 2023 | £2,366,323 | £2,360,000 | FLAT 129 PIER HOUSE, 31 CHEYNE WALK |
| 22 Apr 2022 | £2,334,199 | £2,250,000 | FLAT 87 PIER HOUSE, 31 CHEYNE WALK |