£5,008,988
This estimated value is based upon the latest sale price for the house of £4,500,000 on 26 Mar 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Lower Belgrave Street, London, SW1W 0LN
Phone: 02034639608
| Price Paid | Date |
|---|---|
| £4,500,000 | 26 Mar 2021 |
| £782,500 | 29 Nov 2016 |
| £1,350,000 | 31 Mar 2016 |
| Terraced |
| Freehold |
| Floor Area: 183 sq meters or 1,969 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 March 2021 the House Price Index for GREATER LONDON was 133.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.311%.Applying this 11.311% change to the original purchase price of £4,500,000 results in an estimated price of approximately £5,008,988.
| 26 Mar 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 148.6 | 11.311 % | £4,500,000 | £508,988 | £5,008,988 |
The Postcode Pricing Model uses changes in average sales price within the SW1X 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 | -20.252 % | £-911,332 | £3,588,667 |
| 3 Month Average | -53.938 % | £-2,427,214 | £2,072,785 |
| 6 Month Average | -1.152 % | £-51,833 | £4,448,166 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £580,075 | £575,000 | 38 GROOM PLACE |
| 21 Jul 2023 | £760,232 | £750,000 | 8 LITTLE CHESTER STREET |
| 1 Jul 2023 | £1,115,007 | £1,100,000 | THE HORSE AND GROOM, 7 GROOM PLACE |
| 28 Apr 2023 | £4,877,517 | £4,825,000 | 36 GROOM PLACE |
| 21 Nov 2022 | £6,150,499 | £6,225,000 | 17 CHESTER STREET |
This house has a floor area of 183 sq meters or 1,969 sq feet when measured on 28 Nov 2019. Using an estimated price of £5,008,989 means this house is valued at £27,371 per sq meter (£2,542 per sq foot).
The average size of a house on GROOM PLACE is 139 sq meters (1,500 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Chapel Street | |
| Apr 2024 | Anti-social behaviour | On or near Chester Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chester Close |
| Mar 2024 | Anti-social behaviour | On or near Chester Close | |
| Mar 2024 | Public order | Under investigation | On or near Chester Close |