£605,757
This estimated value is based upon the latest sale price for the house of £109,600 on 29 Aug 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 New Quebec Street, London, W1H 7RH
Phone: 02080339305
Price Paid | Date |
---|---|
£109,600 | 29 Aug 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 August 1996 the House Price Index for GREATER LONDON was 26.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 452.698%.Applying this 452.698% change to the original purchase price of £109,600 results in an estimated price of approximately £605,757.
29 Aug 1996 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.8 | 148.0 | 452.698 % | £109,600 | £496,157 | £605,757 |
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 | 277.713 % | £304,373 | £413,973 |
3 Month Average | 434.067 % | £475,737 | £585,337 |
6 Month Average | 601.868 % | £659,647 | £769,247 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Jul 2023 | £2,372,442 | £2,350,000 | FLAT 15 BILTON TOWERS GREAT CUMBERLAND PLACE |
15 Jun 2023 | £479,891 | £476,000 | FLAT 22 CUMBERLAND COURT GREAT CUMBERLAND PLACE |
15 Jun 2023 | £3,030,243 | £3,005,673 | FLAT 49 CUMBERLAND COURT GREAT CUMBERLAND PLACE |
15 Jun 2023 | £2,378,741 | £2,359,454 | FLAT 39 CUMBERLAND COURT GREAT CUMBERLAND PLACE |
15 Jun 2023 | £1,563,355 | £1,550,679 | FLAT 52 CUMBERLAND COURT GREAT CUMBERLAND PLACE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 15 Feb 2017. Using an estimated price of £605,757 means this house is valued at £11,649 per sq meter (£1,082 per sq foot).
The average size of a house on GREAT CUMBERLAND PLACE is 76 sq meters (824 sq feet).