£594,885
This estimated value is based upon the latest sale price for the house of £477,500 on 30 Apr 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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London, WC2H 9JQ
Phone: 02036410241
Price Paid | Date |
---|---|
£477,500 | 30 Apr 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 407 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 April 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £477,500 results in an estimated price of approximately £594,885.
30 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.583 % | £477,500 | £117,385 | £594,885 |
The Postcode Pricing Model uses changes in average sales price within the WC2B 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 | -80.218 % | £-383,039 | £94,460 |
3 Month Average | -35.234 % | £-168,240 | £309,259 |
6 Month Average | -60.275 % | £-287,812 | £189,687 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £430,939 | £420,000 | FLAT 38 WINTER GARDEN HOUSE, 2 MACKLIN STREET |
22 Sep 2023 | £1,227,049 | £1,200,000 | 158 DRURY LANE |
23 Jun 2023 | £1,938,855 | £1,900,000 | FLAT 3 10 MACKLIN STREET |
30 Mar 2023 | £1,016,984 | £1,000,000 | 18 PARKER STREET |
27 Jan 2023 | £4,010,716 | £4,000,000 | 32 PARKER STREET |
This house has a floor area of 37 sq meters or 407 sq feet when measured on 5 Apr 2011. Using an estimated price of £594,886 means this house is valued at £15,712 per sq meter (£1,459 per sq foot).
The average size of a house on PARKER MEWS is 43 sq meters (471 sq feet).