£1,024,515
This estimated value is based upon the latest sale price for the house of £835,000 on 11 Sep 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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49 Marsham Street, Westminster, London, SW1P 3DP
Phone: 02036414278
Price Paid | Date |
---|---|
£835,000 | 11 Sep 2019 |
£800,000 | 12 Jun 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 74 sq meters or 796 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 September 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £835,000 results in an estimated price of approximately £1,024,515.
11 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.696 % | £835,000 | £189,515 | £1,024,515 |
The Postcode Pricing Model uses changes in average sales price within the SW1P 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 | -39.520 % | £-329,992 | £505,007 |
3 Month Average | -31.850 % | £-265,951 | £569,048 |
6 Month Average | -0.184 % | £-1,534 | £833,465 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jun 2023 | £1,022,384 | £1,010,000 | APARTMENT 413 ASQUITH HOUSE, 27 MONCK STREET |
22 Jul 2022 | £877,362 | £875,000 | APARTMENT 207 CAVENDISH HOUSE, 31 MONCK STREET |
3 May 2022 | £1,284,198 | £1,260,000 | APARTMENT 306 CAVENDISH HOUSE, 31 MONCK STREET |
31 Mar 2022 | £1,181,339 | £1,140,000 | APARTMENT 202 BENTINCK HOUSE, 34 MONCK STREET |
30 Mar 2022 | £1,036,262 | £1,000,000 | APARTMENT 501 BENTINCK HOUSE, 34 MONCK STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 25 Jan 2013. Using an estimated price of £1,024,515 means this house is valued at £13,844 per sq meter (£1,286 per sq foot).
The average size of a house on MONCK STREET is 82 sq meters (893 sq feet).