£2,686,591
This estimated value is based upon the latest sale price for the house of £1,425,000 on 28 Feb 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
7 Marylebone Lane, London, W1U 1DB
Phone: 02081159789
Price Paid | Date |
---|---|
£1,425,000 | 28 Feb 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 180 sq meters or 1,939 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 February 2005 the House Price Index for GREATER LONDON was 79.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 88.533%.Applying this 88.533% change to the original purchase price of £1,425,000 results in an estimated price of approximately £2,686,591.
28 Feb 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.4 | 149.7 | 88.533 % | £1,425,000 | £1,261,591 | £2,686,591 |
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 | 182.544 % | £2,601,253 | £4,026,253 |
3 Month Average | 289.199 % | £4,121,088 | £5,546,088 |
6 Month Average | 281.019 % | £4,004,513 | £5,429,513 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jul 2024 | £1,350,000 | £1,350,000 | FLAT 7 LADBROKE APARTMENTS, 3 WELBECK STREET |
27 Mar 2024 | £5,382,700 | £5,300,000 | FLAT 12 WELBECK HOUSE, 62 WELBECK STREET |
19 Mar 2024 | £985,136 | £970,000 | FLAT 5 12 ALDBURGH MEWS |
4 Aug 2023 | £1,934,898 | £1,900,000 | FLAT 14 LADBROKE APARTMENTS, 3 WELBECK STREET |
20 Jan 2023 | £5,865,673 | £5,850,000 | FLAT 4 WELBECK HOUSE, 62 WELBECK STREET |
This house has a floor area of 180 sq meters or 1,939 sq feet when measured on 24 Apr 2009. Using an estimated price of £2,686,592 means this house is valued at £14,907 per sq meter (£1,384 per sq foot).
The average size of a house on WELBECK STREET is 154 sq meters (1,668 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Other theft | Under investigation | On or near Welbeck Street |
Nov 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Welbeck Street |
Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near Welbeck Street |
Nov 2024 | Theft from the person | Investigation complete; no suspect identified | On or near A5204 |
Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near A5204 |