£3,551,776
This estimated value is based upon the latest sale price for the house of £2,875,000 on 14 Oct 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Berkeley st, London, W1J 8DZ
Phone: 02045165261
| Price Paid | Date |
|---|---|
| £2,875,000 | 14 Oct 2019 |
| £1,725,000 | 15 Oct 2010 |
| £1,000,000 | 15 Aug 2006 |
| £750,000 | 15 Mar 2005 |
| £570,000 | 3 Feb 2000 |
| £420,000 | 15 Sep 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 108 sq meters or 1,162 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 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £2,875,000 results in an estimated price of approximately £3,551,776.
| 14 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £2,875,000 | £676,776 | £3,551,776 |
The Postcode Pricing Model uses changes in average sales price within the W1J 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 | -95.852 % | £-2,755,745 | £119,254 |
| 3 Month Average | 14.020 % | £403,082 | £3,278,082 |
| 6 Month Average | -20.385 % | £-586,070 | £2,288,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2023 | £5,781,305 | £5,650,000 | FLAT 27 BERKELEY HOUSE, 15 HAY HILL |
| 21 Aug 2023 | £27,037,652 | £26,550,000 | 37 DOVER STREET |
| 21 Aug 2023 | £27,037,652 | £26,550,000 | 12 BERKELEY STREET |
| 2 Jun 2023 | £2,551,125 | £2,500,000 | FLAT 41 BERKELEY HOUSE, 15 HAY HILL |
| 23 Sep 2022 | £1,548,965 | £1,550,000 | FLAT 48 BERKELEY HOUSE, 15 HAY HILL |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 30 Jun 2021. Using an estimated price of £3,551,777 means this house is valued at £32,886 per sq meter (£3,055 per sq foot).
The average size of a house on BERKELEY STREET is 81 sq meters (874 sq feet).