£513,576
This estimated value is based upon the latest sale price for the house of £505,000 on 8 Mar 2023. 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 |
---|---|
£505,000 | 8 Mar 2023 |
£490,000 | 10 Jan 2013 |
£325,000 | 25 Oct 2006 |
£221,000 | 9 Jun 2003 |
£85,000 | 5 Jul 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 35 sq meters or 387 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 March 2023 the House Price Index for GREATER LONDON was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £505,000 results in an estimated price of approximately £513,576.
8 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £505,000 | £8,576 | £513,576 |
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 | 19.940 % | £100,694 | £605,694 |
3 Month Average | 25.183 % | £127,175 | £632,175 |
6 Month Average | -7.160 % | £-36,158 | £468,841 |
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 35 sq meters or 387 sq feet when measured on 11 Jun 2010. Using an estimated price of £513,577 means this house is valued at £14,281 per sq meter (£1,326 per sq foot).
The average size of a house on GLOUCESTER STREET is 61 sq meters (661 sq feet).