£1,099,876
This estimated value is based upon the latest sale price for the house of £600,000 on 5 Aug 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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29 Edgware Road, Marble Arch, W2 2JE
Phone: 02080221065
Price Paid | Date |
---|---|
£600,000 | 5 Aug 2005 |
£420,000 | 10 Apr 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 88 sq meters or 947 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 August 2005 the House Price Index for GREATER LONDON was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £600,000 results in an estimated price of approximately £1,099,876.
5 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.1 | 148.6 | 83.313 % | £600,000 | £499,876 | £1,099,876 |
The Postcode Pricing Model uses changes in average sales price within the W1H 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 | 187.165 % | £1,122,989 | £1,722,989 |
3 Month Average | 261.525 % | £1,569,149 | £2,169,149 |
6 Month Average | 256.970 % | £1,541,819 | £2,141,819 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £428,751 | £425,000 | FLAT 82 FURSECROFT GEORGE STREET |
14 Feb 2023 | £2,238,494 | £2,240,000 | FLAT 18 FURSECROFT GEORGE STREET |
5 Oct 2022 | £3,660,586 | £3,700,000 | FLAT 35 FURSECROFT GEORGE STREET |
15 Jul 2022 | £1,629,386 | £1,625,000 | FLAT 54 FURSECROFT GEORGE STREET |
12 Aug 2021 | £1,047,563 | £939,000 | 139 GEORGE STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 5 Jul 2016. Using an estimated price of £1,099,876 means this house is valued at £12,498 per sq meter (£1,161 per sq foot).
The average size of a house on GEORGE STREET is 132 sq meters (1,421 sq feet).