£1,011,848
This estimated value is based upon the latest sale price for the house of £245,000 on 4 Oct 1999. 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 |
---|---|
£245,000 | 4 Oct 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 81 sq meters or 871 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 1999 the House Price Index for GREATER LONDON was 35.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 312.999%.Applying this 312.999% change to the original purchase price of £245,000 results in an estimated price of approximately £1,011,848.
4 Oct 1999 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
35.8 | 148.0 | 312.999 % | £245,000 | £766,848 | £1,011,848 |
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 | 238.055 % | £583,235 | £828,235 |
3 Month Average | 243.019 % | £595,396 | £840,396 |
6 Month Average | 356.737 % | £874,006 | £1,119,006 |
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 | £2,378,741 | £2,359,454 | FLAT 12 CUMBERLAND COURT GREAT CUMBERLAND PLACE |
15 Jun 2023 | £1,563,355 | £1,550,679 | FLAT 52 CUMBERLAND COURT GREAT CUMBERLAND PLACE |
15 Jun 2023 | £2,378,741 | £2,359,454 | FLAT 39 CUMBERLAND COURT GREAT CUMBERLAND PLACE |
15 Jun 2023 | £877,313 | £870,200 | FLAT 61 CUMBERLAND COURT GREAT CUMBERLAND PLACE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 15 Dec 2015. Using an estimated price of £1,011,848 means this house is valued at £12,491 per sq meter (£1,160 per sq foot).
The average size of a house on GREAT CUMBERLAND PLACE is 76 sq meters (824 sq feet).