£579,419
This estimated value is based upon the latest sale price for the house of £375,000 on 9 Nov 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Sussex Street, London, SW1V 4RW
Phone: 02078284050
| Price Paid | Date |
|---|---|
| £375,000 | 9 Nov 2007 |
| Flats/Maisonettes |
| 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 November 2007 the House Price Index for GREATER LONDON was 95.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 54.512%.Applying this 54.512% change to the original purchase price of £375,000 results in an estimated price of approximately £579,419.
| 9 Nov 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 148.0 | 54.512 % | £375,000 | £204,419 | £579,419 |
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 | -26.958 % | £-101,091 | £273,908 |
| 3 Month Average | 22.131 % | £82,992 | £457,992 |
| 6 Month Average | 45.844 % | £171,914 | £546,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £390,000 | £390,000 | FLAT 10 BELLA BEST HOUSE 5B WESTMORELAND TERRACE |
| 4 Apr 2024 | £440,000 | £440,000 | FLAT 8 BELLA BEST HOUSE 5B WESTMORELAND TERRACE |
| 6 Mar 2024 | £551,864 | £550,000 | FLAT 7 BELLA BEST HOUSE 5B WESTMORELAND TERRACE |
| 27 Jul 2023 | £721,828 | £715,000 | FLAT 1 25 SUTHERLAND STREET |
| 15 Mar 2023 | £603,261 | £600,000 | FLAT 8 EVESHAM HOUSE ABBOTS MANOR |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Westmoreland Terrace | |
| Apr 2024 | Anti-social behaviour | On or near Westmoreland Terrace | |
| Apr 2024 | Anti-social behaviour | On or near Peabody Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Peabody Avenue | |
| Apr 2024 | Other theft | Under investigation | On or near Peabody Avenue |