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|£1,000,000||6 Jul 2004|
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 2004 the House Price Index for GREATER LONDON was 63.0.The House Price Index as of 1 Dec 2019 is 123.2 which is a change of 95.435%.
Applying this 95.435% change to the original purchase price of £1,000,000 gives us an estimated price now of around £1,954,352.
|6 Jul 2004||1 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the SW1W 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||1071.638 %||£10,716,382||£11,716,382|
|3 Month Average||237.817 %||£2,378,170||£3,378,170|
|6 Month Average||293.296 %||£2,932,963||£3,932,963|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In July 2004 the average sale price for the 50 nearest sales within half a mile of 74 - 75 FLAT 74 EATON SQUARE was £906,328.
In August 2020 the average sale price for the 31 nearest sales was £745,551. This is a change of -17.739%.
So taking the original purchase price of £1,000,000 and adjusting it by -17.739% gives an estimated price of £822,606.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 6 Jul 2004||Average price on 25 Aug 2020||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|1 Nov 2019||£1,257,793||£1,250,000||FLAT 8 86 - 88 EATON PLACE|
|14 Oct 2019||£7,211,695||£7,143,200||9 LYALL STREET|
|12 Sep 2019||£1,534,371||£1,522,000||SECOND FLOOR FLAT 82 EATON PLACE|
|18 Jan 2019||£985,645||£975,000||FLAT A 75 EATON SQUARE|
|5 Jul 2018||£3,291,214||£3,306,000||77 EATON SQUARE|