£744,918
This estimated value is based upon the latest sale price for the house of £728,000 on 16 Oct 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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50 Churton Street, Pimlico, SW1V 2LP
Phone: 02079764949
| Price Paid | Date |
|---|---|
| £728,000 | 16 Oct 2023 |
| £722,000 | 3 Mar 2017 |
| £347,500 | 5 May 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 October 2023 the House Price Index for GREATER LONDON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £728,000 results in an estimated price of approximately £744,918.
| 16 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £728,000 | £16,918 | £744,918 |
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 | -20.871 % | £-151,941 | £576,058 |
| 3 Month Average | 29.538 % | £215,039 | £943,039 |
| 6 Month Average | 1.633 % | £11,885 | £739,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £744,919 | £728,000 | FLAT 2 CLARION HOUSE MORETON PLACE |
| 28 Sep 2023 | £577,736 | £565,000 | FLAT E 38 CHARLWOOD STREET |
| 28 Sep 2023 | £480,594 | £470,000 | FLAT 6 CLARION HOUSE MORETON PLACE |
| 22 Sep 2023 | £787,357 | £770,000 | FLAT 7 98 - 100 BELGRAVE ROAD |
| 9 Jun 2023 | £428,589 | £420,000 | FLAT 2A CLARION HOUSE MORETON PLACE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 27 Jan 2016. Using an estimated price of £744,919 means this house is valued at £13,068 per sq meter (£1,214 per sq foot).
The average size of a house on MORETON PLACE is 83 sq meters (900 sq feet).