£7,430,000
This estimated value is based upon the latest sale price for the house of £5,000,000 on 16 Jan 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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10 Sale Place, London, W2 1PX
Phone: 02081150468
| Price Paid | Date |
|---|---|
| £5,000,000 | 16 Jan 2015 |
| Terraced |
| Freehold |
| Floor Area: 308 sq meters or 3,315 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 2015 the House Price Index for GREATER LONDON was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £5,000,000 results in an estimated price of approximately £7,430,000.
| 16 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £5,000,000 | £2,430,000 | £7,430,000 |
The Postcode Pricing Model uses changes in average sales price within the W2 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 | -0.676 % | £-33,819 | £4,966,180 |
| 3 Month Average | -20.142 % | £-1,007,105 | £3,992,894 |
| 6 Month Average | -7.265 % | £-363,227 | £4,636,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £507,514 | £500,000 | FLAT 215 QUADRANGLE TOWER CAMBRIDGE SQUARE |
| 15 Sep 2023 | £3,038,855 | £3,000,000 | 31 CASTLEACRE HYDE PARK CRESCENT |
| 6 Apr 2023 | £621,694 | £615,000 | FLAT 155 QUADRANGLE TOWER CAMBRIDGE SQUARE |
| 14 Feb 2023 | £549,630 | £550,000 | FLAT 131 QUADRANGLE TOWER CAMBRIDGE SQUARE |
| 11 May 2022 | £589,100 | £578,000 | FLAT 123 QUADRANGLE TOWER CAMBRIDGE SQUARE |
This house has a floor area of 308 sq meters or 3,315 sq feet when measured on 15 Mar 2013. Using an estimated price of £7,430,000 means this house is valued at £24,123 per sq meter (£2,241 per sq foot).
The average size of a house on CAMBRIDGE SQUARE is 88 sq meters (953 sq feet).