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|£185,000||21 Dec 2018|
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 December 2018 the House Price Index for GREATER LONDON was 122.5.The House Price Index as of 1 Dec 2019 is 123.2 which is a change of 0.556%.
Applying this 0.556% change to the original purchase price of £185,000 gives us an estimated price now of around £186,028.
|21 Dec 2018||1 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the SW1X 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||-62.080 %||£-114,847||£70,152|
|3 Month Average||112.333 %||£207,815||£392,815|
|6 Month Average||55.256 %||£102,223||£287,223|
|Date||Current Estimated Value||Price Paid||Address|
|30 Aug 2019||£1,916,959||£1,900,000||19 PARK MANSIONS KNIGHTSBRIDGE|
|18 May 2018||£4,042,920||£4,000,000||FLAT 4 WELLINGTON COURT, 116 KNIGHTSBRIDGE|
|16 May 2018||£1,718,241||£1,700,000||78 PARK MANSIONS KNIGHTSBRIDGE|
|13 Apr 2018||£2,377,858||£2,350,000||FLAT 22 LINCOLN HOUSE BASIL STREET|
|3 Apr 2018||£15,835,520||£15,650,000||RESTAURANT PREMISES AT 116 KNIGHTSBRIDGE|