£4,505,842
This estimated value is based upon the latest sale price for the house of £4,250,000 on 7 Jan 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Lambton Place, London, W11 2SH
Phone: 02081284550
Price Paid | Date |
---|---|
£4,250,000 | 7 Jan 2022 |
£1,980,000 | 26 Jul 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 93 sq meters or 1,004 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 2022 the House Price Index for GREATER LONDON was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £4,250,000 results in an estimated price of approximately £4,505,842.
7 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 149.7 | 6.020 % | £4,250,000 | £255,842 | £4,505,842 |
The Postcode Pricing Model uses changes in average sales price within the W11 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 | -55.171 % | £-2,344,746 | £1,905,253 |
3 Month Average | -48.365 % | £-2,055,517 | £2,194,482 |
6 Month Average | -28.314 % | £-1,203,329 | £3,046,670 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £2,335,889 | £2,300,000 | 78 PORTOBELLO ROAD |
12 Oct 2023 | £1,202,307 | £1,175,000 | FLAT 14 BUCKINGHAM COURT, 48 KENSINGTON PARK ROAD |
12 Sep 2022 | £716,022 | £716,500 | FLAT 33 BUCKINGHAM COURT, 48 KENSINGTON PARK ROAD |
1 Jun 2022 | £899,222 | £880,000 | FLAT 45 PRINCES HOUSE, 52 KENSINGTON PARK ROAD |
1 Apr 2022 | £1,322,713 | £1,275,000 | 1 SIMON CLOSE |
This house has a floor area of 93 sq meters or 1,004 sq feet when measured on 18 Nov 2009. Using an estimated price of £4,505,843 means this house is valued at £48,268 per sq meter (£4,484 per sq foot).
The average size of a house on KENSINGTON PARK ROAD is 110 sq meters (1,194 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Simon Close | |
Sep 2024 | Anti-social behaviour | On or near Simon Close | |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Simon Close |
Sep 2024 | Drugs | Under investigation | On or near Simon Close |
Sep 2024 | Anti-social behaviour | On or near Simon Close |