This estimated value is based upon the latest sale price for the house of £4,250,000 on 10 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Motcomb Street, London, SW1X 8JX
|£4,250,000||10 Sep 2020|
|Floor Area: 253 sq meters or 2,723 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 2020 the House Price Index for GREATER LONDON was 125.1.The House Price Index as of 1 Apr 2022 is 147.2 which is a change of 17.588%.
Applying this 17.588% change to the original purchase price of £4,250,000 results in an estimated price of approximately £4,997,476.
|10 Sep 2020||1 Apr 2022||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the SW1X 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||99.613 %||£4,233,560||£8,483,560|
|3 Month Average||35.940 %||£1,527,467||£5,777,467|
|6 Month Average||51.436 %||£2,186,031||£6,436,031|
|Date||Current Estimated Value||Price Paid||Address|
|18 Jun 2021||£2,805,525||£2,650,000||4 KINNERTON STREET|
|28 May 2021||£1,534,746||£1,370,000||FLAT 1 18A MOTCOMB STREET|
|15 Mar 2021||£3,910,085||£3,550,000||GROUND FLOOR FLAT 42 WILTON CRESCENT|
|15 Jan 2021||£1,862,099||£1,660,000||FLAT 2 18A MOTCOMB STREET|
|14 Oct 2020||£4,240,267||£3,650,000||11 HALKIN PLACE|
This house has a floor area of 253 sq meters or 2,723 sq feet when measured on 1 May 2020. Using an estimated price of £4,997,476 means this house is valued at £19,752 per sq meter (£1,835 per sq foot).
The average size of a house on WILTON CRESCENT is 497 sq meters (5,358 sq feet).
|Mar 2022||Other theft||Investigation complete; no suspect identified||On or near Halkin Mews|
|Apr 2022||Theft from the person||Under investigation||On or near Motcomb Street|
|Mar 2022||Other theft||Under investigation||On or near Motcomb Street|
|Feb 2022||Violence and sexual offences||Offender given a caution||On or near Motcomb Street|
|Feb 2022||Violence and sexual offences||Under investigation||On or near Motcomb Street|
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