£1,045,535
This estimated value is based upon the latest sale price for the house of £921,000 on 16 Feb 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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298 Gray's Inn Road, London, WC1X 8DX
Phone: 02034632721
Price Paid | Date |
---|---|
£921,000 | 16 Feb 2021 |
£165,000 | 28 Jun 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 83 sq meters or 893 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 Mar 2024 is 148.6 which is a change of 13.522%.Applying this 13.522% change to the original purchase price of £921,000 results in an estimated price of approximately £1,045,535.
16 Feb 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
130.9 | 148.6 | 13.522 % | £921,000 | £124,535 | £1,045,535 |
The Postcode Pricing Model uses changes in average sales price within the WC1N 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 | -41.911 % | £-385,999 | £535,000 |
3 Month Average | 41.049 % | £378,061 | £1,299,061 |
6 Month Average | -0.385 % | £-3,549 | £917,450 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £582,050 | £575,000 | 3A AMPTON STREET |
29 Mar 2021 | £932,785 | £838,000 | 1C HEATHCOTE STREET |
16 Feb 2021 | £1,045,536 | £921,000 | 5 HEATHCOTE STREET |
7 Feb 2020 | £562,805 | £460,000 | 68B FREDERICK STREET |
7 Feb 2020 | £2,251,222 | £1,840,000 | 11 AMPTON STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 27 Aug 2021. Using an estimated price of £1,045,536 means this house is valued at £12,596 per sq meter (£1,170 per sq foot).
The average size of a house on HEATHCOTE STREET is 78 sq meters (839 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Mecklenburgh Street |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Mecklenburgh Street |
Jan 2024 | Anti-social behaviour | On or near Heathcote Street | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
Jan 2024 | Anti-social behaviour | On or near Heathcote Street |