£4,916,967
This estimated value is based upon the latest sale price for the house of £4,825,000 on 28 Apr 2023. 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 |
|---|---|
| £4,825,000 | 28 Apr 2023 |
| £295,000 | 7 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 272 sq meters or 2,927 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 April 2023 the House Price Index for GREATER LONDON was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £4,825,000 results in an estimated price of approximately £4,916,967.
| 28 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £4,825,000 | £91,967 | £4,916,967 |
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 | -72.344 % | £-3,490,593 | £1,334,406 |
| 3 Month Average | -13.113 % | £-632,692 | £4,192,307 |
| 6 Month Average | 0.396 % | £19,127 | £4,844,127 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £585,561 | £575,000 | 38 GROOM 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 |
| 30 Jun 2022 | £4,598,293 | £4,500,000 | 18 - 20 HEADFORT PLACE |
| 15 Jun 2022 | £6,105,512 | £5,975,000 | 17 CHAPEL STREET |
This house has a floor area of 272 sq meters or 2,927 sq feet when measured on 19 Apr 2012. Using an estimated price of £4,916,967 means this house is valued at £18,077 per sq meter (£1,679 per sq foot).
The average size of a house on GROOM PLACE is 139 sq meters (1,500 sq feet).
This house is the largest in the street with a floor area of 272 sq meters (2,927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Under investigation | On or near Montrose Place |
| Apr 2024 | Anti-social behaviour | On or near Chester Close | |
| Apr 2024 | Anti-social behaviour | On or near Chester Close | |
| Apr 2024 | Anti-social behaviour | On or near Chester Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chester Close |