£652,527
This estimated value is based upon the latest sale price for the house of £450,000 on 1 Jul 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Lower Ground Floor, 23 Sussex Street, Pimlico, London, SW1V 4RR
Phone: 02036415261
| Price Paid | Date |
|---|---|
| £450,000 | 1 Jul 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 33 sq meters or 355 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 July 2015 the House Price Index for GREATER LONDON was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £450,000 results in an estimated price of approximately £652,527.
| 1 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £450,000 | £202,527 | £652,527 |
The Postcode Pricing Model uses changes in average sales price within the SW1V 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 | -29.336 % | £-132,012 | £317,987 |
| 3 Month Average | 11.683 % | £52,572 | £502,572 |
| 6 Month Average | -9.410 % | £-42,346 | £407,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £546,802 | £530,000 | GROUND FLOOR FLAT 2 WINCHESTER STREET |
| 7 Nov 2023 | £461,720 | £450,000 | FLAT 2 75 CUMBERLAND STREET |
| 21 Sep 2023 | £352,777 | £345,000 | FLAT 3 82 LUPUS STREET |
| 14 Aug 2023 | £458,265 | £450,000 | FIRST FLOOR FLAT 80 LUPUS STREET |
| 16 Jun 2023 | £918,405 | £900,000 | FLAT A 96 GLOUCESTER STREET |
This house has a floor area of 33 sq meters or 355 sq feet when measured on 18 May 2012. Using an estimated price of £652,528 means this house is valued at £19,773 per sq meter (£1,837 per sq foot).
The average size of a house on CUMBERLAND STREET is 81 sq meters (876 sq feet).