£949,159
This estimated value is based upon the latest sale price for the house of £725,000 on 8 May 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Floor 6, 29-30 Cornhill, London, EC3V 3NF
Phone: 02081280574
Price Paid | Date |
---|---|
£725,000 | 8 May 2017 |
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 May 2017 the House Price Index for GREATER LONDON was 77.3.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 30.918%.Applying this 30.918% change to the original purchase price of £725,000 results in an estimated price of approximately £949,159.
8 May 2017 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.3 | 101.2 | 30.918 % | £725,000 | £224,159 | £949,159 |
The Postcode Pricing Model uses changes in average sales price within the EC3V 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 | 8113.419 % | £58,822,290 | £59,547,290 |
3 Month Average | 8113.419 % | £58,822,290 | £59,547,290 |
6 Month Average | 597.550 % | £4,332,237 | £5,057,237 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2024 | £4,544,298 | £4,450,000 | 25 - 26 LIME STREET |
24 May 2024 | £4,113,485 | £4,028,126 | LEVEL 9 WEST 30 FENCHURCH STREET |
29 Jun 2023 | £3,082,233 | £3,000,000 | CORNHILL HOUSE, 59 - 60 CORNHILL |
13 Apr 2023 | £33,439,105 | £32,580,000 | 38 THREADNEEDLE STREET |
14 Mar 2023 | £190,206 | £185,507 | 145 LEADENHALL STREET |