£1,252,439
This estimated value is based upon the latest sale price for the house of £997,500 on 20 Nov 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Lower Ground Floor, 23 Sussex Street, Pimlico, London, SW1V 4RR
Phone: 02036415261
| Price Paid | Date |
|---|---|
| £997,500 | 20 Nov 2017 |
| £2,150,000 | 29 Jun 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 Apr 2024 is 148.0 which is a change of 25.558%.Applying this 25.558% change to the original purchase price of £997,500 results in an estimated price of approximately £1,252,439.
| 20 Nov 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.0 | 25.558 % | £997,500 | £254,939 | £1,252,439 |
The Postcode Pricing Model uses changes in average sales price within the SW1V 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 | -8.329 % | £-83,085 | £914,414 |
| 3 Month Average | -9.135 % | £-91,123 | £906,376 |
| 6 Month Average | 5.195 % | £51,822 | £1,049,322 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £540,220 | £530,000 | GROUND FLOOR FLAT 2 WINCHESTER STREET |
| 14 Aug 2023 | £452,753 | £450,000 | FIRST FLOOR FLAT 80 LUPUS STREET |
| 14 Apr 2023 | £821,103 | £815,000 | FLAT 1 124 ALDERNEY STREET |
| 3 Feb 2023 | £521,533 | £524,000 | FLAT 7 66 GLOUCESTER STREET |
| 31 May 2022 | £1,141,975 | £1,125,000 | GROUND FLOOR AND LOWER GROUND FLOOR FLAT 114 ALDERNEY STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 16 Nov 2015. Using an estimated price of £1,252,440 means this house is valued at £14,563 per sq meter (£1,352 per sq foot).
The average size of a house on WINCHESTER STREET is 77 sq meters (831 sq feet).