£473,499
This estimated value is based upon the latest sale price for the house of £275,000 on 22 Mar 2012. 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 |
|---|---|
| £275,000 | 22 Mar 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 30 sq meters or 332 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 2012 the House Price Index for GREATER LONDON was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £275,000 results in an estimated price of approximately £473,499.
| 22 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £275,000 | £198,499 | £473,499 |
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 | 42.223 % | £116,113 | £391,113 |
| 3 Month Average | 11.981 % | £32,947 | £307,947 |
| 6 Month Average | 46.267 % | £127,235 | £402,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £580,000 | £580,000 | FLAT 23 SKIPWITH BUILDING BOURNE ESTATE |
| 24 Nov 2023 | £625,888 | £610,000 | FLAT 3 11 VINE HILL |
| 2 Nov 2023 | £564,325 | £550,000 | FLAT 40 RADCLIFFE BUILDING BOURNE ESTATE |
| 11 Aug 2023 | £374,250 | £367,500 | FLAT 71 CAVENDISH MANSIONS CLERKENWELL ROAD |
| 11 Nov 2022 | £378,231 | £380,000 | FLAT 20 CAVENDISH MANSIONS CLERKENWELL ROAD |
This house has a floor area of 30 sq meters or 332 sq feet when measured on 1 Aug 2011. Using an estimated price of £473,499 means this house is valued at £15,308 per sq meter (£1,422 per sq foot).
The average size of a house on CLERKENWELL ROAD is 37 sq meters (406 sq feet).