£1,016,504
This estimated value is based upon the latest sale price for the house of £700,000 on 4 Jun 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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12 Hay Hill, Mayfair, London, W1J 8NR
Phone: 02030074613
| Price Paid | Date |
|---|---|
| £700,000 | 4 Jun 2015 |
| £700,000 | 4 Jun 2015 |
| Leasehold |
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 June 2015 the House Price Index for GREATER LONDON was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £700,000 results in an estimated price of approximately £1,016,504.
| 4 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £700,000 | £316,504 | £1,016,504 |
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 | -24.444 % | £-171,111 | £528,888 |
| 3 Month Average | 26.663 % | £186,641 | £886,641 |
| 6 Month Average | -8.527 % | £-59,691 | £640,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £14,249,316 | £14,000,000 | FLAT 2 26A ALBEMARLE STREET |
| 17 Jul 2023 | £13,177,353 | £13,000,000 | FLAT 3 26A ALBEMARLE STREET |
| 2 Jun 2023 | £2,530,654 | £2,500,000 | FLAT 41 BERKELEY HOUSE, 15 HAY HILL |
| 23 Sep 2022 | £1,537,583 | £1,550,000 | FLAT 48 BERKELEY HOUSE, 15 HAY HILL |
| 16 Sep 2022 | £1,314,386 | £1,325,000 | FLAT 33 BERKELEY HOUSE, 15 HAY HILL |