£4,495,495
This estimated value is based upon the latest sale price for the house of £4,000,000 on 11 Aug 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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115 Park Street, Mayfair, London, W1K 7AP
Phone: 02080221898
Price Paid | Date |
---|---|
£4,000,000 | 11 Aug 2021 |
£1,850,000 | 7 Feb 2003 |
£1,450,000 | 1 Nov 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 222 sq meters or 2,389 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 2021 the House Price Index for GREATER LONDON was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £4,000,000 results in an estimated price of approximately £4,495,495.
11 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 149.7 | 12.387 % | £4,000,000 | £495,495 | £4,495,495 |
The Postcode Pricing Model uses changes in average sales price within the W1K 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 | 59.367 % | £2,374,679 | £6,374,679 |
3 Month Average | 232.894 % | £9,315,761 | £13,315,761 |
6 Month Average | 208.505 % | £8,340,212 | £12,340,212 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £5,726,230 | £5,600,000 | FLAT 40 HEREFORD HOUSE NORTH ROW |
30 Jun 2023 | £12,041,309 | £11,800,000 | 39 GREEN STREET |
24 Mar 2023 | £789,100 | £775,922 | NORTH ROW BUILDINGS NORTH ROW |
23 Feb 2023 | £261,748 | £260,000 | 12 NORTH ROW |
20 Jul 2022 | £4,798,077 | £4,750,000 | FLAT 1 40 GREEN STREET |
This house has a floor area of 222 sq meters or 2,389 sq feet when measured on 20 Jul 2021. Using an estimated price of £4,495,495 means this house is valued at £20,249 per sq meter (£1,881 per sq foot).
The average size of a house on NORTH ROW is 288 sq meters (3,110 sq feet).