£2,155,184
This estimated value is based upon the latest sale price for the house of £2,000,000 on 27 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 Great Smith Street, London, SW1P 3BU
Phone: 02036414851
Price Paid | Date |
---|---|
£2,000,000 | 27 Sep 2021 |
£3,300,000 | 4 Apr 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 134 sq meters or 1,442 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 September 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £2,000,000 results in an estimated price of approximately £2,155,184.
27 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £2,000,000 | £155,184 | £2,155,184 |
The Postcode Pricing Model uses changes in average sales price within the SW1P 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 | -19.133 % | £-382,666 | £1,617,333 |
3 Month Average | -32.975 % | £-659,498 | £1,340,501 |
6 Month Average | -0.513 % | £-10,265 | £1,989,734 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jun 2023 | £1,255,306 | £1,240,100 | APARTMENT 19 ASHLEY HOUSE, 3 MONCK STREET |
27 Sep 2021 | £2,155,185 | £2,000,000 | APARTMENT 36 ASHLEY HOUSE, 3 MONCK STREET |
25 Aug 2020 | £839,346 | £700,000 | UNIT 2 MONCK STREET |
8 Oct 2019 | £183,948 | £150,000 | UNIT1 NEW PALACE PLACE MONCK STREET |
19 Jun 2019 | £1,630,843 | £1,320,000 | UNIT 1 WESTMINSTER QUARTER MONCK STREET |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 8 Sep 2017. Using an estimated price of £2,155,185 means this house is valued at £16,083 per sq meter (£1,494 per sq foot).
The average size of a house on MONCK STREET is 82 sq meters (893 sq feet).