£1,069,552
This estimated value is based upon the latest sale price for the house of £720,000 on 15 Dec 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Homer Street
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8 Homer Street, Marylebone, London, W1H 4NX
Phone: 02081284273
| Price Paid | Date |
|---|---|
| £720,000 | 15 Dec 2014 |
| £310,000 | 14 Feb 2006 |
| £245,000 | 2 Mar 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 December 2014 the House Price Index for GREATER LONDON was 99.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 48.549%.Applying this 48.549% change to the original purchase price of £720,000 results in an estimated price of approximately £1,069,552.
| 15 Dec 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.0 | 48.549 % | £720,000 | £349,552 | £1,069,552 |
The Postcode Pricing Model uses changes in average sales price within the W1H 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 | -39.067 % | £-281,279 | £438,720 |
| 3 Month Average | -16.069 % | £-115,699 | £604,300 |
| 6 Month Average | 7.440 % | £53,570 | £773,570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £1,514,325 | £1,500,000 | 17 HARCOURT STREET |
| 5 Jun 2023 | £569,619 | £565,000 | 13 HOMER ROW |
| 6 Apr 2023 | £523,894 | £520,000 | 11 HOMER ROW |
| 28 Jul 2022 | £12,233,469 | £12,250,000 | 12 - 14 HARCOURT STREET |
| 7 Dec 2021 | £864,311 | £810,000 | FLAT 5 VARSITY COURT, 44 HOMER STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 5 Apr 2012. Using an estimated price of £1,069,553 means this house is valued at £18,128 per sq meter (£1,684 per sq foot).
The average size of a house on HOMER STREET is 57 sq meters (617 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Homer Street | |
| Apr 2024 | Burglary | Under investigation | On or near Homer Street |
| Mar 2024 | Burglary | Under investigation | On or near Homer Street |
| Feb 2024 | Anti-social behaviour | On or near Homer Street | |
| Feb 2024 | Other theft | Under investigation | On or near Homer Street |