£583,652
This estimated value is based upon the latest sale price for the house of £475,000 on 22 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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56 Marchmont Street, Bloomsbury, WC1N 1AB
Phone: 02080222838
Price Paid | Date |
---|---|
£475,000 | 22 Jan 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 32 sq meters or 344 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £475,000 results in an estimated price of approximately £583,652.
22 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 149.7 | 22.874 % | £475,000 | £108,652 | £583,652 |
The Postcode Pricing Model uses changes in average sales price within the WC1N 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 | -49.318 % | £-234,261 | £240,738 |
3 Month Average | -16.574 % | £-78,728 | £396,271 |
6 Month Average | -12.282 % | £-58,339 | £416,660 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Mar 2024 | £543,348 | £535,000 | FLAT 2 84 MARCHMONT STREET |
25 Aug 2023 | £763,775 | £750,000 | 39 MARCHMONT STREET |
23 Sep 2022 | £814,456 | £815,000 | FLAT 1 87 - 89 MARCHMONT STREET |
31 Aug 2022 | £740,965 | £737,500 | FLAT 2 ROBSART MANSIONS KENTON STREET |
29 Apr 2022 | £622,453 | £600,000 | 96 MARCHMONT STREET |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 13 Jul 2018. Using an estimated price of £583,653 means this house is valued at £18,239 per sq meter (£1,694 per sq foot).
The average size of a house on MARCHMONT STREET is 48 sq meters (524 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Marchmont Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Marchmont Street |
Apr 2024 | Anti-social behaviour | On or near Marchmont Street | |
Apr 2024 | Anti-social behaviour | On or near Marchmont Street | |
Apr 2024 | Anti-social behaviour | On or near Marchmont Street |