£2,328,309
This estimated value is based upon the latest sale price for the house of £1,890,000 on 24 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 1, 5 Percy Street, London, W1T 1DG
Phone: 02080335668
| Price Paid | Date |
|---|---|
| £1,890,000 | 24 Aug 2018 |
| £1,670,000 | 8 Mar 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £1,890,000 results in an estimated price of approximately £2,328,309.
| 24 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £1,890,000 | £438,309 | £2,328,309 |
The Postcode Pricing Model uses changes in average sales price within the W1T 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 | -21.206 % | £-400,790 | £1,489,209 |
| 3 Month Average | 5.114 % | £96,651 | £1,986,651 |
| 6 Month Average | -39.062 % | £-738,263 | £1,151,736 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £7,571,623 | £7,500,000 | APARTMENT 701 37 RATHBONE PLACE |
| 14 Jun 2023 | £2,293,597 | £2,275,000 | APARTMENT 507 37 RATHBONE PLACE |
| 25 Apr 2023 | £1,712,730 | £1,700,000 | APARTMENT 217 37 RATHBONE PLACE |
| 18 Jan 2023 | £2,661,621 | £2,685,000 | APARTMENT 613 37 RATHBONE PLACE |
| 24 Jun 2022 | £2,555,904 | £2,530,000 | APARTMENT 612 37 RATHBONE PLACE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 29 Sep 2017. Using an estimated price of £2,328,310 means this house is valued at £27,073 per sq meter (£2,515 per sq foot).
The average size of a house on RATHBONE PLACE is 94 sq meters (1,015 sq feet).