£876,738
This estimated value is based upon the latest sale price for the house of £660,000 on 8 Sep 2016. 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 |
---|---|
£660,000 | 8 Sep 2016 |
£441,500 | 24 Oct 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 432 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 September 2016 the House Price Index for GREATER LONDON was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £660,000 results in an estimated price of approximately £876,738.
8 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £660,000 | £216,738 | £876,738 |
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 | -30.553 % | £-201,651 | £458,348 |
3 Month Average | -61.042 % | £-402,876 | £257,123 |
6 Month Average | -62.169 % | £-410,313 | £249,686 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £426,312 | £420,000 | FLAT 38 WINTER GARDEN HOUSE, 2 MACKLIN STREET |
22 Sep 2023 | £1,215,542 | £1,200,000 | 158 DRURY LANE |
7 Jul 2023 | £587,913 | £580,000 | FLAT 36 WINTER GARDEN HOUSE, 2 MACKLIN STREET |
23 Jun 2023 | £1,923,297 | £1,900,000 | FLAT 3 10 MACKLIN STREET |
30 Mar 2023 | £1,009,511 | £1,000,000 | 18 PARKER STREET |
This house has a floor area of 40 sq meters or 432 sq feet when measured on 7 Sep 2009. Using an estimated price of £876,738 means this house is valued at £21,803 per sq meter (£2,025 per sq foot).
The average size of a house on PARKER MEWS is 43 sq meters (471 sq feet).