£1,229,171
This estimated value is based upon the latest sale price for the house of £910,000 on 30 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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27 Old Gloucester Street, London, WC1N 3AX
Phone: 01753903527
| Price Paid | Date |
|---|---|
| £910,000 | 30 Mar 2016 |
| £365,000 | 17 Mar 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 547 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £910,000 results in an estimated price of approximately £1,229,171.
| 30 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £910,000 | £319,171 | £1,229,171 |
The Postcode Pricing Model uses changes in average sales price within the WC1N 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 | -43.590 % | £-396,672 | £513,327 |
| 3 Month Average | 18.271 % | £166,265 | £1,076,265 |
| 6 Month Average | 103.471 % | £941,585 | £1,851,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £522,739 | £515,000 | FLAT G GUILFORD COURT, 51 GUILFORD STREET |
| 30 Aug 2023 | £515,510 | £511,000 | FLAT 1 9 COSMO PLACE |
| 30 Jun 2023 | £597,234 | £590,000 | FLAT 2 9 COSMO PLACE |
| 20 Jan 2023 | £307,800 | £309,250 | FLAT 9 QUEEN COURT QUEEN SQUARE |
| 8 Sep 2022 | £968,182 | £976,000 | FLAT 15 DOWNING COURT GRENVILLE STREET |
This house has a floor area of 50 sq meters or 547 sq feet when measured on 10 Feb 2009. Using an estimated price of £1,229,171 means this house is valued at £24,153 per sq meter (£2,243 per sq foot).
The average size of a house on QUEEN SQUARE is 46 sq meters (503 sq feet).