£2,616,880
This estimated value is based upon the latest sale price for the house of £2,623,925 on 19 Aug 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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61 Weymouth Street, London, W1G 8NR
Phone: 02034782931
Price Paid | Date |
---|---|
£2,623,925 | 19 Aug 2022 |
£330,000 | 21 Jul 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 113 sq meters or 1,216 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 August 2022 the House Price Index for GREATER LONDON was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £2,623,925 results in an estimated price of approximately £2,616,880.
19 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 148.6 | -0.268 % | £2,623,925 | £-7,044 | £2,616,880 |
The Postcode Pricing Model uses changes in average sales price within the W1G 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 | 224.124 % | £5,880,847 | £8,504,772 |
3 Month Average | 80.840 % | £2,121,193 | £4,745,118 |
6 Month Average | 40.454 % | £1,061,495 | £3,685,420 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £406,011 | £400,000 | FLAT 14 MELCOMBE REGIS COURT, 59 WEYMOUTH STREET |
1 Nov 2023 | £5,709,529 | £5,625,000 | 21 WESTMORELAND STREET |
23 Jun 2023 | £647,847 | £640,000 | FLAT 4 14 MARYLEBONE STREET |
23 Feb 2023 | £1,948,689 | £1,950,000 | 17 DE WALDEN STREET |
24 Aug 2022 | £628,309 | £630,000 | FLAT 6 14 MARYLEBONE STREET |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 2 Sep 2021. Using an estimated price of £2,616,881 means this house is valued at £23,158 per sq meter (£2,151 per sq foot).
The average size of a house on WHEATLEY STREET is 121 sq meters (1,306 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Wheatley Street | |
Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Westmoreland Street |
Mar 2024 | Shoplifting | Under investigation | On or near Marylebone Street |
Feb 2024 | Shoplifting | Under investigation | On or near Marylebone Street |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Marylebone Street |