£1,006,815
This estimated value is based upon the latest sale price for the house of £415,000 on 10 Mar 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Glentworth Street, London, NW1 5PG
Phone: 02081289285
Price Paid | Date |
---|---|
£415,000 | 10 Mar 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 105 sq meters or 1,130 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 2003 the House Price Index for GREATER LONDON was 61.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 142.606%.Applying this 142.606% change to the original purchase price of £415,000 results in an estimated price of approximately £1,006,815.
10 Mar 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
61.3 | 148.6 | 142.606 % | £415,000 | £591,815 | £1,006,815 |
The Postcode Pricing Model uses changes in average sales price within the NW1 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 | 134.191 % | £556,894 | £971,894 |
3 Month Average | 177.263 % | £735,641 | £1,150,641 |
6 Month Average | 137.731 % | £571,584 | £986,584 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Aug 2022 | £992,329 | £995,000 | FLAT 179 DORSET HOUSE GLOUCESTER PLACE |
1 Jul 2022 | £922,483 | £920,000 | FLAT 175 DORSET HOUSE GLOUCESTER PLACE |
26 Jan 2022 | £999,788 | £950,000 | FLAT 177 DORSET HOUSE GLOUCESTER PLACE |
3 Dec 2021 | £1,017,808 | £950,000 | FLAT 154 DORSET HOUSE GLOUCESTER PLACE |
22 May 2020 | £596,912 | £488,000 | FLAT 188 DORSET HOUSE GLOUCESTER PLACE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 23 Mar 2018. Using an estimated price of £1,006,816 means this house is valued at £9,588 per sq meter (£890 per sq foot).
The average size of a house on GLOUCESTER PLACE is 64 sq meters (694 sq feet).