£485,245
This estimated value is based upon the latest sale price for the house of £249,950 on 2 Jul 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
8 Homer Street, Marylebone, London, W1H 4NX
Phone: 02081284273
Price Paid | Date |
---|---|
£249,950 | 2 Jul 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 398 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 July 2004 the House Price Index for GREATER LONDON was 76.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 94.137%.Applying this 94.137% change to the original purchase price of £249,950 results in an estimated price of approximately £485,245.
2 Jul 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
76.2 | 148.0 | 94.137 % | £249,950 | £235,295 | £485,245 |
The Postcode Pricing Model uses changes in average sales price within the W1H 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 | 103.609 % | £258,970 | £508,920 |
3 Month Average | 160.292 % | £400,649 | £650,599 |
6 Month Average | 214.006 % | £534,909 | £784,859 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Aug 2023 | £779,742 | £775,000 | FLAT 16 CRAWFORD MANSIONS CRAWFORD STREET |
17 Mar 2023 | £492,663 | £490,000 | FLAT 34 CRANFIELD COURT HOMER STREET |
8 Sep 2022 | £978,104 | £990,000 | FIRST AND SECOND FLOOR FLAT 2 HARCOURT STREET |
7 Jul 2022 | £489,339 | £490,000 | 31A HARCOURT STREET |
21 Dec 2021 | £653,035 | £612,000 | FLAT 38 CRANFIELD COURT HOMER STREET |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 20 Mar 2019. Using an estimated price of £485,246 means this house is valued at £13,114 per sq meter (£1,218 per sq foot).
The average size of a house on HOMER STREET is 57 sq meters (617 sq feet).