£1,931,663
This estimated value is based upon the latest sale price for the house of £1,440,000 on 7 Jul 2016. 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 |
|---|---|
| £1,440,000 | 7 Jul 2016 |
| £390,000 | 11 Aug 2003 |
| £300,000 | 10 Jun 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 705 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 July 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £1,440,000 results in an estimated price of approximately £1,931,663.
| 7 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £1,440,000 | £491,663 | £1,931,663 |
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 | -36.421 % | £-524,465 | £915,534 |
| 3 Month Average | -23.064 % | £-332,124 | £1,107,875 |
| 6 Month Average | -17.503 % | £-252,049 | £1,187,950 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £3,137,883 | £3,075,000 | 10 DILKE STREET |
| 5 Jan 2023 | £4,361,654 | £4,350,000 | FLAT 11 7 CHELSEA EMBANKMENT |
| 5 May 2022 | £2,002,160 | £1,950,000 | 23 PARADISE WALK |
| 18 Aug 2021 | £6,956,779 | £6,190,000 | FLAT 4 TURNER'S REACH HOUSE, 8 - 10 CHELSEA EMBANKMENT |
| 18 Jun 2021 | £2,015,816 | £1,865,000 | FLAT E 4 CHELSEA EMBANKMENT |
This house has a floor area of 65 sq meters or 705 sq feet when measured on 13 Jan 2011. Using an estimated price of £1,931,663 means this house is valued at £29,491 per sq meter (£2,739 per sq foot).
The average size of a house on CHELSEA EMBANKMENT is 129 sq meters (1,396 sq feet).