£2,413,469
This estimated value is based upon the latest sale price for the house of £1,975,000 on 24 Sep 2019. 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 |
|---|---|
| £1,975,000 | 24 Sep 2019 |
| £1,945,000 | 20 Apr 2012 |
| £1,100,000 | 30 Sep 2004 |
| £750,000 | 15 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 166 sq meters or 1,790 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 September 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £1,975,000 results in an estimated price of approximately £2,413,469.
| 24 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £1,975,000 | £438,469 | £2,413,469 |
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 | -63.058 % | £-1,245,385 | £729,614 |
| 3 Month Average | -32.363 % | £-639,172 | £1,335,827 |
| 6 Month Average | 9.615 % | £189,901 | £2,164,901 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £2,112,848 | £2,100,000 | 53 WESTMORELAND TERRACE |
| 24 Jun 2022 | £585,939 | £580,000 | FLAT D 16 SUTHERLAND STREET |
| 19 Jan 2022 | £2,620,397 | £2,500,000 | 31 WESTMORELAND TERRACE |
| 17 Jan 2022 | £4,507,082 | £4,300,000 | 43 SUSSEX STREET |
| 26 Aug 2021 | £2,444,445 | £2,200,000 | 49 WESTMORELAND TERRACE |
This house has a floor area of 166 sq meters or 1,790 sq feet when measured on 25 Jul 2011. Using an estimated price of £2,413,470 means this house is valued at £14,509 per sq meter (£1,347 per sq foot).
The average size of a house on WESTMORELAND TERRACE is 132 sq meters (1,429 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Westmoreland Place | |
| Mar 2024 | Anti-social behaviour | On or near Westmoreland Place | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Westmoreland Place |
| Feb 2024 | Anti-social behaviour | On or near Westmoreland Place |