£2,406,348
This estimated value is based upon the latest sale price for the house of £1,850,000 on 23 Nov 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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15 Stratton Street, Mayfair, W1J 8LQ, London, W1J 8LQ
Phone: 02081281249
| Price Paid | Date |
|---|---|
| £1,850,000 | 23 Nov 2016 |
| £604,125 | 22 Jul 2005 |
| £500,000 | 14 May 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 2016 the House Price Index for GREATER LONDON was 112.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.073%.Applying this 30.073% change to the original purchase price of £1,850,000 results in an estimated price of approximately £2,406,348.
| 23 Nov 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 146.7 | 30.073 % | £1,850,000 | £556,348 | £2,406,348 |
The Postcode Pricing Model uses changes in average sales price within the W1J 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 | 102.621 % | £1,898,490 | £3,748,490 |
| 3 Month Average | 73.979 % | £1,368,614 | £3,218,614 |
| 6 Month Average | 136.517 % | £2,525,560 | £4,375,560 |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 18 Aug 2016.
The average size of a house on CLARGES STREET is 85 sq meters (917 sq feet).