£354,076
This estimated value is based upon the latest sale price for the house of £144,500 on 28 Feb 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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C/O 1 Lumley Street, London, W1K 6TT
Phone: 02034783455
Price Paid | Date |
---|---|
£144,500 | 28 Feb 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 473 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 February 2003 the House Price Index for GREATER LONDON was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £144,500 results in an estimated price of approximately £354,076.
28 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.6 | 148.6 | 145.035 % | £144,500 | £209,576 | £354,076 |
The Postcode Pricing Model uses changes in average sales price within the W1K 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 | 469.004 % | £677,711 | £822,211 |
3 Month Average | 355.001 % | £512,976 | £657,476 |
6 Month Average | 550.675 % | £795,725 | £940,225 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £36,208,058 | £35,672,000 | 65 DAVIES STREET |
13 Jul 2022 | £350,945 | £350,000 | FLAT 34 CAVENDISH BUILDINGS GILBERT STREET |
13 May 2022 | £1,885,528 | £1,850,000 | GARDEN FLAT 81 DUKE STREET |
10 Mar 2022 | £6,476,639 | £6,250,000 | 2 STRATFORD PLACE |
10 Nov 2021 | £2,000,801 | £1,850,000 | FLAT 8 DUKE STREET MANSIONS, 70 DUKE STREET |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 21 Nov 2019. Using an estimated price of £354,076 means this house is valued at £8,047 per sq meter (£747 per sq foot).
The average size of a house on GILBERT STREET is 57 sq meters (620 sq feet).