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 1999 the House Price Index for GREATER LONDON was 33.2.

The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 348.216%.

Applying this 348.216% change to the original purchase price of £500,000 results in an estimated price of approximately £2,241,081.

The Postcode Pricing Model uses changes in average sales price within the WC2R 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

ITE CONSULTANCY LTD

51 Bedford Street London England WC2R 0PZ

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WORLD QUALITY TRADE LLP

Suite 17050 43 Bedford Street London England WC2E 9HA

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PAKO&RABBY CONTINENTAL LLP

Suite 13062 43 Bedford Street London England WC2E 9HA

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BALTIC STORAGE LTD

Suite 13043 43 Bedford Street London United Kingdom WC2E 9HA

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ELBACORE INVESTMENTS LTD

Suite 13056 43 Bedford Street London United Kingdom WC2E 9HA

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