£1,725,171
This estimated value is based upon the latest sale price for the house of £1,400,000 on 9 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Spenser Street
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57 Buckingham Gate, Westminster, SW1E 6AJ
Phone: 02080223136
| Price Paid | Date |
|---|---|
| £1,400,000 | 9 Nov 2018 |
| Leasehold |
| Floor Area: 171 sq meters or 1,840 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 November 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £1,400,000 results in an estimated price of approximately £1,725,171.
| 9 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £1,400,000 | £325,171 | £1,725,171 |
The Postcode Pricing Model uses changes in average sales price within the SW1E 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 | 54.176 % | £758,457 | £2,158,457 |
| 3 Month Average | -37.486 % | £-524,800 | £875,199 |
| 6 Month Average | -30.337 % | £-424,722 | £975,277 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £2,740,574 | £2,700,000 | APARTMENT 8.06 1 KINGS GATE WALK |
| 11 Sep 2023 | £1,644,426 | £1,623,400 | APARTMENT 4.09 1 KINGS GATE WALK |
| 11 Sep 2023 | £977,498 | £965,000 | APARTMENT 1.02 1 KINGS GATE WALK |
| 7 Mar 2023 | £2,927,582 | £2,900,000 | APARTMENT 9.06 1 KINGS GATE WALK |
| 10 Feb 2022 | £1,835,215 | £1,750,000 | APARTMENT 11.05 1 KINGS GATE WALK |
This house has a floor area of 171 sq meters or 1,840 sq feet when measured on 26 Jul 2016. Using an estimated price of £1,725,172 means this house is valued at £10,088 per sq meter (£937 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Spenser Street |
| Apr 2024 | Theft from the person | Under investigation | On or near Spenser Street |
| Apr 2024 | Other theft | Under investigation | On or near Spenser Street |
| Apr 2024 | Other theft | Under investigation | On or near Spenser Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Spenser Street |