£2,672,370
This estimated value is based upon the latest sale price for the house of £2,640,000 on 21 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2nd Floor, 25 Bedford Street, London, WC2E 9ES
Phone: 02036419665
| Price Paid | Date |
|---|---|
| £2,640,000 | 21 Jun 2023 |
| £795,109 | 6 Aug 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 184 sq meters or 1,980 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 June 2023 the House Price Index for GREATER LONDON was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £2,640,000 results in an estimated price of approximately £2,672,370.
| 21 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £2,640,000 | £32,370 | £2,672,370 |
The Postcode Pricing Model uses changes in average sales price within the WC2E 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 | -75.114 % | £-1,982,999 | £657,000 |
| 3 Month Average | -52.012 % | £-1,373,111 | £1,266,888 |
| 6 Month Average | -22.235 % | £-586,998 | £2,053,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £2,672,371 | £2,640,000 | FLAT 5 12 KING STREET |
| 21 Jun 2023 | £830,055 | £820,000 | FLAT 1 10 KING STREET |
| 28 Apr 2023 | £717,728 | £710,000 | FLAT 4 17 - 18 FLORAL STREET |
| 29 Nov 2022 | £923,810 | £935,000 | FLAT 4 40 KING STREET |
| 29 Apr 2022 | £7,414,554 | £7,200,000 | FLAT 1 43 KING STREET |
This house has a floor area of 184 sq meters or 1,980 sq feet when measured on 7 Jul 2017. Using an estimated price of £2,672,371 means this house is valued at £14,523 per sq meter (£1,349 per sq foot).
The average size of a house on KING STREET is 121 sq meters (1,304 sq feet).