£492,833
This estimated value is based upon the latest sale price for the house of £265,000 on 15 Jun 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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213-215 Gloucester Place, London, NW1 6BU
Phone: 02034639600
Price Paid | Date |
---|---|
£265,000 | 15 Jun 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 16 sq meters or 172 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 June 2005 the House Price Index for GREATER LONDON was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £265,000 results in an estimated price of approximately £492,833.
15 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.5 | 149.7 | 85.975 % | £265,000 | £227,833 | £492,833 |
The Postcode Pricing Model uses changes in average sales price within the NW1 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 | 117.547 % | £311,499 | £576,499 |
3 Month Average | 140.116 % | £371,306 | £636,306 |
6 Month Average | 127.329 % | £337,420 | £602,420 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £1,186,457 | £1,150,000 | FLAT 1 184 GLOUCESTER PLACE |
11 Jan 2023 | £4,913,128 | £4,900,000 | 207 GLOUCESTER PLACE |
20 Sep 2022 | £1,798,798 | £1,800,000 | 36 HUNTSWORTH MEWS |
5 Aug 2022 | £753,523 | £750,000 | FLAT 45 RADLEY HOUSE GLOUCESTER PLACE |
30 Jun 2022 | £6,079,966 | £5,950,000 | 187 GLOUCESTER PLACE |
This house has a floor area of 16 sq meters or 172 sq feet when measured on 10 Dec 2018. Using an estimated price of £492,834 means this house is valued at £30,802 per sq meter (£2,861 per sq foot).
The average size of a house on GLOUCESTER PLACE is 64 sq meters (694 sq feet).