£2,859,947
This estimated value is based upon the latest sale price for the house of £700,000 on 1 Nov 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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The Estate Office, St. George's Fields, W2 2YE
Phone: 02035894013
Price Paid | Date |
---|---|
£700,000 | 1 Nov 1999 |
£700,000 | 1 Nov 1999 |
£675,000 | 7 Aug 1998 |
£675,000 | 7 Aug 1998 |
£87,983 | 5 May 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 173 sq meters or 1,869 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 November 1999 the House Price Index for GREATER LONDON was 36.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 308.564%.Applying this 308.564% change to the original purchase price of £700,000 results in an estimated price of approximately £2,859,947.
1 Nov 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
36.4 | 148.6 | 308.564 % | £700,000 | £2,159,947 | £2,859,947 |
The Postcode Pricing Model uses changes in average sales price within the W2 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 | 119.432 % | £836,027 | £1,536,027 |
3 Month Average | 231.123 % | £1,617,863 | £2,317,863 |
6 Month Average | 285.678 % | £1,999,744 | £2,699,744 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Sep 2022 | £1,562,383 | £1,575,000 | FLAT 56 ALBION GATE ALBION STREET |
28 May 2021 | £960,532 | £850,000 | 6 PARK STEPS |
23 Dec 2020 | £5,279,482 | £4,600,000 | FLAT 34 ALBION GATE HYDE PARK PLACE |
29 Sep 2020 | £2,374,763 | £2,000,000 | FLAT 44 ALBION GATE ALBION STREET |
18 Sep 2020 | £3,443,406 | £2,900,000 | FLAT 48 ALBION GATE ALBION STREET |
This house has a floor area of 173 sq meters or 1,869 sq feet when measured on 1 Jun 2009. Using an estimated price of £2,859,947 means this house is valued at £16,468 per sq meter (£1,529 per sq foot).
The average size of a house on ALBION STREET is 152 sq meters (1,641 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Albion Mews |
Jan 2024 | Robbery | Under investigation | On or near Albion Street |