£931,878
This estimated value is based upon the latest sale price for the house of £750,000 on 25 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Colville Place, Off Charlotte Street, London, W1T 2BJ
Phone: 02036415657
| Price Paid | Date |
|---|---|
| £750,000 | 25 Jul 2019 |
| £365,000 | 16 May 2005 |
| £294,000 | 22 Feb 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 July 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £750,000 results in an estimated price of approximately £931,878.
| 25 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £750,000 | £181,878 | £931,878 |
The Postcode Pricing Model uses changes in average sales price within the W1T 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 | -81.054 % | £-607,901 | £142,098 |
| 3 Month Average | -34.980 % | £-262,350 | £487,649 |
| 6 Month Average | -53.412 % | £-400,591 | £349,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £649,972 | £630,000 | FLAT 16 ELISA COURT CHITTY STREET |
| 11 Oct 2023 | £74,697 | £73,000 | GROUND FLOOR PREMISES 5 - 7 TOTTENHAM STREET |
| 23 Aug 2023 | £590,653 | £580,000 | FLAT 3 MAXCLIF HOUSE, 5 - 7 TOTTENHAM STREET |
| 6 May 2022 | £1,006,214 | £980,000 | 28 GOODGE STREET |
| 21 Jan 2022 | £1,659,210 | £1,565,000 | FLAT 301 ASTA HOUSE, 65 WHITFIELD STREET |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 19 Oct 2019. Using an estimated price of £931,878 means this house is valued at £17,920 per sq meter (£1,664 per sq foot).
The average size of a house on TOTTENHAM STREET is 107 sq meters (1,154 sq feet).