£3,207,856
This estimated value is based upon the latest sale price for the house of £3,150,000 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Wesley Street
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61 Weymouth Street, London, W1G 8NR
Phone: 02034782931
| Price Paid | Date |
|---|---|
| £3,150,000 | 18 Aug 2023 |
| £700,000 | 1 Nov 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 120 sq meters or 1,291 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 2023 the House Price Index for GREATER LONDON was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £3,150,000 results in an estimated price of approximately £3,207,856.
| 18 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £3,150,000 | £57,856 | £3,207,856 |
The Postcode Pricing Model uses changes in average sales price within the W1G 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 | -28.263 % | £-890,273 | £2,259,726 |
| 3 Month Average | -19.146 % | £-603,113 | £2,546,886 |
| 6 Month Average | -17.476 % | £-550,489 | £2,599,510 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £443,898 | £432,630 | 22C BEAUMONT MEWS |
| 3 Nov 2023 | £410,418 | £400,000 | FLAT 14 MELCOMBE REGIS COURT, 59 WEYMOUTH STREET |
| 1 Nov 2023 | £5,771,504 | £5,625,000 | 21 WESTMORELAND STREET |
| 18 Aug 2023 | £3,207,857 | £3,150,000 | FLAT 45 MELCOMBE REGIS COURT, 59 WEYMOUTH STREET |
| 23 Jun 2023 | £653,088 | £640,000 | FLAT 4 14 MARYLEBONE STREET |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 8 Oct 2020. Using an estimated price of £3,207,857 means this house is valued at £26,732 per sq meter (£2,483 per sq foot).
The average size of a house on WEYMOUTH STREET is 71 sq meters (767 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Wesley Street |
| Oct 2024 | Burglary | Under investigation | On or near Wesley Street |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wesley Street |
| Sep 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Wesley Street |
| Aug 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Wesley Street |