£594,504
This estimated value is based upon the latest sale price for the house of £345,000 on 12 May 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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98 Grays Inn Road, Bloomsbury, WC1X 8AJ
Phone: 02080338841
| Price Paid | Date |
|---|---|
| £345,000 | 12 May 2006 |
| £205,000 | 7 Dec 2001 |
| £94,000 | 5 Dec 1996 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 37 sq meters or 400 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 May 2006 the House Price Index for GREATER LONDON was 85.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 72.320%.Applying this 72.320% change to the original purchase price of £345,000 results in an estimated price of approximately £594,504.
| 12 May 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 146.7 | 72.320 % | £345,000 | £249,504 | £594,504 |
The Postcode Pricing Model uses changes in average sales price within the EC1R 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 | 40.039 % | £138,134 | £483,134 |
| 3 Month Average | 74.632 % | £257,481 | £602,481 |
| 6 Month Average | 83.037 % | £286,477 | £631,477 |
This house has a floor area of 37 sq meters or 400 sq feet when measured on 30 Jun 2009.
There is one other house on the street which we know the size of, this is 6 LAYSTALL STREET it is 89.45