£18,357,731
This estimated value is based upon the latest sale price for the house of £14,000,000 on 21 Dec 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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12 Hay Hill, Mayfair, London, W1J 8NR
Phone: 02030074613
Price Paid | Date |
---|---|
£14,000,000 | 21 Dec 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 358 sq meters or 3,853 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 December 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £14,000,000 results in an estimated price of approximately £18,357,731.
21 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £14,000,000 | £4,357,731 | £18,357,731 |
The Postcode Pricing Model uses changes in average sales price within the W1S 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 | -78.000 % | £-10,920,000 | £3,079,999 |
3 Month Average | 259.970 % | £36,395,768 | £50,395,768 |
6 Month Average | 152.844 % | £21,398,139 | £35,398,139 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £14,249,316 | £14,000,000 | FLAT 2 26A ALBEMARLE STREET |
29 Sep 2023 | £76,984,323 | £76,000,000 | 171 NEW BOND STREET |
17 Jul 2023 | £13,177,353 | £13,000,000 | FLAT 3 26A ALBEMARLE STREET |
2 Jun 2023 | £2,530,654 | £2,500,000 | FLAT 41 BERKELEY HOUSE, 15 HAY HILL |
23 Sep 2022 | £1,537,583 | £1,550,000 | FLAT 48 BERKELEY HOUSE, 15 HAY HILL |
This house has a floor area of 358 sq meters or 3,853 sq feet when measured on 8 Feb 2014. Using an estimated price of £18,357,732 means this house is valued at £51,278 per sq meter (£4,763 per sq foot).
The average size of a house on ALBEMARLE STREET is 530 sq meters (5,710 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Grafton Street | |
Jan 2024 | Anti-social behaviour | On or near Grafton Street | |
Jan 2024 | Anti-social behaviour | On or near Grafton Street | |
Jan 2024 | Other theft | Under investigation | On or near Grafton Street |
Jan 2024 | Theft from the person | Awaiting court outcome | On or near Grafton Street |