£619,816
This estimated value is based upon the latest sale price for the house of £595,000 on 6 Oct 2023. 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 |
---|---|
£595,000 | 6 Oct 2023 |
£422,000 | 10 Feb 2011 |
£430,000 | 31 Aug 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 October 2023 the House Price Index for GREATER LONDON was 98.3.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 4.171%.Applying this 4.171% change to the original purchase price of £595,000 results in an estimated price of approximately £619,816.
6 Oct 2023 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.3 | 102.4 | 4.171 % | £595,000 | £24,816 | £619,816 |
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 | -27.570 % | £-164,042 | £430,957 |
3 Month Average | -7.838 % | £-46,634 | £548,365 |
6 Month Average | 1.000 % | £5,951 | £600,951 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jan 2025 | £879,293 | £875,000 | FLAT 6 32 - 34 SUSSEX STREET |
20 Nov 2024 | £1,293,954 | £1,275,000 | SECOND AND THIRD FLOOR FLAT 32 CUMBERLAND STREET |
25 Sep 2024 | £584,850 | £570,000 | 2C CUMBERLAND STREET |
8 Aug 2024 | £2,225,528 | £2,162,500 | 51 SUSSEX STREET |
30 May 2024 | £621,862 | £600,000 | FLAT 7 32 - 34 SUSSEX STREET |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 1 Sep 2020.
The average size of a house on SUTHERLAND STREET is 83 sq meters (903 sq feet).