£1,868,724
This estimated value is based upon the latest sale price for the house of £1,850,000 on 19 Jul 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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115 Park Street, Mayfair, London, W1K 7AP
Phone: 02080221898
| Price Paid | Date |
|---|---|
| £1,850,000 | 19 Jul 2022 |
| Leasehold |
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 2022 the House Price Index for GREATER LONDON was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £1,850,000 results in an estimated price of approximately £1,868,724.
| 19 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £1,850,000 | £18,724 | £1,868,724 |
The Postcode Pricing Model uses changes in average sales price within the W1K 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 | 53.440 % | £988,638 | £2,838,638 |
| 3 Month Average | -0.310 % | £-5,731 | £1,844,268 |
| 6 Month Average | -0.208 % | £-3,857 | £1,846,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £3,984,602 | £3,950,000 | FLAT 3 26 GREEN STREET |
| 21 Sep 2023 | £5,726,230 | £5,600,000 | FLAT 40 HEREFORD HOUSE NORTH ROW |
| 3 Aug 2023 | £524,459 | £515,000 | SIXTH FLOOR PORTMAN HOUSE, 2 PORTMAN STREET |
| 30 Mar 2023 | £1,881,420 | £1,850,000 | FLAT 8 106 PARK STREET |
| 24 Mar 2023 | £789,100 | £775,922 | NORTH ROW BUILDINGS NORTH ROW |