£1,355,531
This estimated value is based upon the latest sale price for the house of £1,075,248 on 9 Nov 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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344-354 Gray's Inn Road, London, WC1X 8BP
Phone: 02036415099
Price Paid | Date |
---|---|
£1,075,248 | 9 Nov 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 77 sq meters or 828 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 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £1,075,248 results in an estimated price of approximately £1,355,531.
9 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £1,075,248 | £280,283 | £1,355,531 |
The Postcode Pricing Model uses changes in average sales price within the WC1X 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 | -71.867 % | £-772,752 | £302,495 |
3 Month Average | -22.304 % | £-239,827 | £835,420 |
6 Month Average | -5.446 % | £-58,561 | £1,016,686 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £657,075 | £650,000 | FLAT 4 14 HAND AXE YARD |
14 Oct 2022 | £415,526 | £420,000 | 279 GRAY'S INN ROAD |
7 Mar 2022 | £41,450 | £40,000 | 317 GRAY'S INN ROAD |
31 Jan 2022 | £2,210,057 | £2,100,000 | 339 GRAY'S INN ROAD |
25 Jan 2022 | £999,788 | £950,000 | 6 HAND AXE YARD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 3 Oct 2017. Using an estimated price of £1,355,532 means this house is valued at £17,604 per sq meter (£1,635 per sq foot).
The average size of a house on HAND AXE YARD is 81 sq meters (875 sq feet).