£388,577
This estimated value is based upon the latest sale price for the house of £315,000 on 14 Dec 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 1, 5 Percy Street, London, W1T 1DG
Phone: 02080335668
| Price Paid | Date |
|---|---|
| £315,000 | 14 Dec 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £315,000 results in an estimated price of approximately £388,577.
| 14 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £315,000 | £73,577 | £388,577 |
The Postcode Pricing Model uses changes in average sales price within the W1T 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 | 15.933 % | £50,187 | £365,187 |
| 3 Month Average | 53.805 % | £169,486 | £484,486 |
| 6 Month Average | 16.798 % | £52,913 | £367,913 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £1,064,325 | £1,050,000 | FLAT 7 23 NEWMAN STREET |
| 25 Apr 2023 | £1,718,503 | £1,700,000 | APARTMENT 217 37 RATHBONE PLACE |
| 3 Feb 2023 | £1,498,991 | £1,500,000 | BASEMENT AND GROUND FLOOR 19 NEWMAN STREET |
| 12 Jul 2022 | £1,072,888 | £1,070,000 | FLAT 52 80 NEWMAN STREET |
| 23 Jun 2022 | £887,543 | £875,000 | FLAT 4 23 NEWMAN STREET |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 23 May 2017. Using an estimated price of £388,577 means this house is valued at £9,963 per sq meter (£925 per sq foot).
The average size of a house on NEWMAN STREET is 67 sq meters (728 sq feet).