£783,796
This estimated value is based upon the latest sale price for the house of £450,000 on 31 Jul 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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81 Marchmont Street, Bloomsbury, London, WC1N 1AL
Phone: 02074054444
Price Paid | Date |
---|---|
£450,000 | 31 Jul 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 July 2006 the House Price Index for GREATER LONDON was 85.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.177%.Applying this 74.177% change to the original purchase price of £450,000 results in an estimated price of approximately £783,796.
31 Jul 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.9 | 149.7 | 74.177 % | £450,000 | £333,796 | £783,796 |
The Postcode Pricing Model uses changes in average sales price within the WC1H 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 | 76.057 % | £342,257 | £792,257 |
3 Month Average | 57.332 % | £257,992 | £707,992 |
6 Month Average | 79.647 % | £358,409 | £808,409 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Dec 2023 | £619,021 | £600,000 | FLAT 16 TAMAR HOUSE, 12 TAVISTOCK PLACE |
7 Sep 2023 | £521,496 | £510,000 | FLAT C 26 BURTON STREET |
20 Jun 2023 | £969,427 | £950,000 | FLAT 6 13 TAVISTOCK PLACE |
27 Jan 2023 | £767,050 | £765,000 | FLAT A 13 BURTON STREET |
8 Nov 2022 | £472,789 | £475,000 | FLAT D 33 BURTON STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 20 Dec 2013. Using an estimated price of £783,796 means this house is valued at £11,875 per sq meter (£1,103 per sq foot).
The average size of a house on BURTON STREET is 59 sq meters (640 sq feet).