£2,829,844
This estimated value is based upon the latest sale price for the house of £2,300,000 on 18 Jan 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 3, 12 Portman Close, London, W1H 6BR
Phone: 02081281182
| Price Paid | Date |
|---|---|
| £2,300,000 | 18 Jan 2019 |
| £312,000 | 6 Aug 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 115 sq meters or 1,237 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 January 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.037%.Applying this 23.037% change to the original purchase price of £2,300,000 results in an estimated price of approximately £2,829,844.
| 18 Jan 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.037 % | £2,300,000 | £529,844 | £2,829,844 |
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 | -51.756 % | £-1,190,396 | £1,109,603 |
| 3 Month Average | -18.776 % | £-431,855 | £1,868,144 |
| 6 Month Average | -14.240 % | £-327,519 | £1,972,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £3,169,273 | £3,150,000 | 80 PORTMAN TOWERS GEORGE STREET |
| 14 Aug 2023 | £3,018,355 | £3,000,000 | 76 PORTMAN TOWERS GEORGE STREET |
| 14 Aug 2023 | £2,112,848 | £2,100,000 | 77 PORTMAN TOWERS GEORGE STREET |
| 31 Mar 2023 | £2,362,772 | £2,350,000 | 10 PORTMAN TOWERS GEORGE STREET |
| 3 Feb 2023 | £3,234,701 | £3,250,000 | 18 PORTMAN TOWERS GEORGE STREET |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 28 Sep 2018. Using an estimated price of £2,829,845 means this house is valued at £24,607 per sq meter (£2,286 per sq foot).
The average size of a house on GEORGE STREET is 132 sq meters (1,421 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Portman Towers |
| Apr 2024 | Anti-social behaviour | On or near Portman Towers | |
| Mar 2024 | Other theft | Under investigation | On or near Portman Towers |
| Feb 2024 | Other theft | Under investigation | On or near Portman Towers |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Portman Towers |