£1,294,238
This estimated value is based upon the latest sale price for the house of £1,275,000 on 18 May 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2c 103，Aviation House, 125 Kingsway, London, WC2B 6NH
Phone: 02045167710
| Price Paid | Date |
|---|---|
| £1,275,000 | 18 May 2022 |
| £461,000 | 27 Oct 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 127 sq meters or 1,367 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 May 2022 the House Price Index for GREATER LONDON was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £1,275,000 results in an estimated price of approximately £1,294,238.
| 18 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £1,275,000 | £19,238 | £1,294,238 |
The Postcode Pricing Model uses changes in average sales price within the WC1R 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 | 49.020 % | £625,000 | £1,900,000 |
| 3 Month Average | -61.250 % | £-780,942 | £494,057 |
| 6 Month Average | -76.028 % | £-969,359 | £305,640 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £503,744 | £500,000 | FLAT 21 BECKLEY EAGLE STREET |
| 26 Oct 2022 | £522,237 | £530,000 | FLAT 11 BRAMPTON HOUSE RED LION SQUARE |
| 18 May 2022 | £1,294,239 | £1,275,000 | FLAT 11 10 RED LION SQUARE |
| 14 Apr 2022 | £441,026 | £430,000 | FLAT 7 KINGSWAY MANSIONS, 23A RED LION SQUARE |
| 17 Jan 2022 | £550,283 | £525,000 | FLAT 8 BRAMPTON HOUSE RED LION SQUARE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 25 Oct 2021. Using an estimated price of £1,294,239 means this house is valued at £10,190 per sq meter (£946 per sq foot).
The average size of a house on RED LION SQUARE is 77 sq meters (835 sq feet).