£13,437,547
This estimated value is based upon the latest sale price for the house of £11,750,000 on 12 Feb 2021. 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 |
---|---|
£11,750,000 | 12 Feb 2021 |
£1,375,000 | 8 Sep 2000 |
£1,000,000 | 13 Dec 1999 |
Terraced |
Freehold |
Floor Area: 472 sq meters or 5,080 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 2021 the House Price Index for GREATER LONDON was 130.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 14.362%.Applying this 14.362% change to the original purchase price of £11,750,000 results in an estimated price of approximately £13,437,547.
12 Feb 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
130.9 | 149.7 | 14.362 % | £11,750,000 | £1,687,547 | £13,437,547 |
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 | -87.660 % | £-10,300,000 | £1,449,999 |
3 Month Average | 6.035 % | £709,163 | £12,459,163 |
6 Month Average | -11.549 % | £-1,357,037 | £10,392,962 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2023 | £3,808,965 | £3,725,000 | 24 LITTLE CHESTER STREET |
4 Aug 2023 | £585,561 | £575,000 | 38 GROOM PLACE |
16 Jun 2023 | £321,442 | £315,000 | 22 LITTLE CHESTER STREET |
21 Nov 2022 | £6,196,027 | £6,225,000 | 17 CHESTER STREET |
29 Jul 2022 | £5,252,632 | £5,200,000 | 12 WILTON STREET |
This house has a floor area of 472 sq meters or 5,080 sq feet when measured on 4 May 2018. Using an estimated price of £13,437,548 means this house is valued at £28,469 per sq meter (£2,644 per sq foot).
The average size of a house on CHESTER STREET is 332 sq meters (3,577 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Robbery | Under investigation | On or near Chester Mews |
Sep 2024 | Theft from the person | Under investigation | On or near Chester Mews |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chester Mews |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chester Mews |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chester Mews |