£463,741
This estimated value is based upon the latest sale price for the house of £400,000 on 5 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Sussex Street, London, SW1V 4RW
Phone: 02078284050
Price Paid | Date |
---|---|
£400,000 | 5 Nov 2020 |
£335,000 | 3 Jul 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 34 sq meters or 365 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 November 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £400,000 results in an estimated price of approximately £463,741.
5 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £400,000 | £63,741 | £463,741 |
The Postcode Pricing Model uses changes in average sales price within the SW1V 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 | -46.724 % | £-186,895 | £213,104 |
3 Month Average | -22.413 % | £-89,651 | £310,348 |
6 Month Average | 0.766 % | £3,062 | £403,062 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £491,617 | £485,000 | FLAT 2 41 ECCLESTON SQUARE |
16 Jun 2023 | £1,164,101 | £1,150,000 | FLAT D 130 WARWICK WAY |
21 Mar 2022 | £5,181,311 | £5,000,000 | 33 - 34 ECCLESTON SQUARE |
28 Jan 2022 | £1,404,965 | £1,335,000 | LOWER MAISONETTE 40 ALDERNEY STREET |
29 Jun 2021 | £1,019,278 | £950,000 | 55A CAMBRIDGE STREET |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 4 Nov 2019. Using an estimated price of £463,741 means this house is valued at £13,639 per sq meter (£1,267 per sq foot).
The average size of a house on WARWICK WAY is 87 sq meters (943 sq feet).