£6,116,887
This estimated value is based upon the latest sale price for the house of £5,790,000 on 11 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Lower Belgrave Street, London, SW1W 0LN
Phone: 02034639608
| Price Paid | Date |
|---|---|
| £5,790,000 | 11 Feb 2022 |
| £1,295,000 | 16 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 255 sq meters or 2,748 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 February 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £5,790,000 results in an estimated price of approximately £6,116,887.
| 11 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £5,790,000 | £326,887 | £6,116,887 |
The Postcode Pricing Model uses changes in average sales price within the SW1X 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 | -54.725 % | £-3,168,591 | £2,621,408 |
| 3 Month Average | 12.714 % | £736,117 | £6,526,117 |
| 6 Month Average | 35.351 % | £2,046,801 | £7,836,801 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £585,561 | £575,000 | 38 GROOM PLACE |
| 30 Jun 2023 | £4,592,024 | £4,500,000 | 5 HEADFORT PLACE |
| 28 Apr 2023 | £4,916,967 | £4,825,000 | 36 GROOM PLACE |
| 21 Nov 2022 | £6,196,027 | £6,225,000 | 17 CHESTER STREET |
| 1 Sep 2022 | £3,847,430 | £3,850,000 | 7 HEADFORT PLACE |
This house has a floor area of 255 sq meters or 2,748 sq feet when measured on 24 Mar 2012. Using an estimated price of £6,116,888 means this house is valued at £23,951 per sq meter (£2,225 per sq foot).
The average size of a house on CHAPEL STREET is 330 sq meters (3,554 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Chapel Street |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chapel Street |
| Aug 2024 | Public order | Under investigation | On or near Groom Place |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Groom Place |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Groom Place |