£671,728
This estimated value is based upon the latest sale price for the house of £540,000 on 11 Jun 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Sussex Street, London, SW1V 4RW
Phone: 02078284050
| Price Paid | Date |
|---|---|
| £540,000 | 11 Jun 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 June 2018 the House Price Index for GREATER LONDON was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £540,000 results in an estimated price of approximately £671,728.
| 11 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £540,000 | £131,728 | £671,728 |
The Postcode Pricing Model uses changes in average sales price within the SW1V 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 | -35.236 % | £-190,276 | £349,723 |
| 3 Month Average | 2.866 % | £15,476 | £555,476 |
| 6 Month Average | 18.817 % | £101,609 | £641,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jul 2023 | £724,754 | £715,000 | FLAT 1 25 SUTHERLAND STREET |
| 24 Mar 2023 | £1,848,414 | £1,831,000 | 18B CUMBERLAND STREET |
| 15 Mar 2023 | £605,707 | £600,000 | FLAT 8 EVESHAM HOUSE ABBOTS MANOR |
| 27 Jan 2023 | £522,539 | £525,000 | BASEMENT FLAT 37 SUTHERLAND STREET |
| 8 Jul 2022 | £711,916 | £710,000 | FLAT 3 25 SUTHERLAND STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 1 Mar 2018. Using an estimated price of £671,729 means this house is valued at £11,385 per sq meter (£1,057 per sq foot).
The average size of a house on WESTMORELAND TERRACE is 132 sq meters (1,429 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Sutherland Row |
| Mar 2024 | Anti-social behaviour | On or near Sutherland Row | |
| Mar 2024 | Theft from the person | Under investigation | On or near Sutherland Row |
| Mar 2024 | Robbery | Under investigation | On or near Sutherland Row |
| Mar 2024 | Anti-social behaviour | On or near Sutherland Row |