£486,227
This estimated value is based upon the latest sale price for the house of £479,000 on 6 May 2022. 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 |
|---|---|
| £479,000 | 6 May 2022 |
| Flats/Maisonettes |
| Leasehold |
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 May 2022 the House Price Index for GREATER LONDON was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £479,000 results in an estimated price of approximately £486,227.
| 6 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £479,000 | £7,227 | £486,227 |
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 | -54.664 % | £-261,841 | £217,158 |
| 3 Month Average | -26.468 % | £-126,783 | £352,216 |
| 6 Month Average | -14.870 % | £-71,229 | £407,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £655,313 | £650,000 | 32A CUMBERLAND STREET |
| 20 Apr 2023 | £811,280 | £805,250 | FLAT 5 32 - 34 SUSSEX STREET |
| 18 Nov 2022 | £2,873,404 | £2,920,000 | 28 SUSSEX STREET |
| 30 Sep 2022 | £2,371,161 | £2,400,000 | 44 WINCHESTER STREET |
| 18 Aug 2022 | £1,092,617 | £1,100,000 | 57 SUTHERLAND STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sussex Street |
| Feb 2024 | Drugs | Under investigation | On or near Sussex Street |
| Feb 2024 | Anti-social behaviour | On or near Sussex Street | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Sussex Street |
| Jan 2024 | Other theft | Under investigation | On or near Sussex Street |