£816,217
This estimated value is based upon the latest sale price for the house of £480,000 on 15 Feb 2013. 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 |
---|---|
£480,000 | 15 Feb 2013 |
£310,000 | 17 Jun 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 685 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 February 2013 the House Price Index for GREATER LONDON was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £480,000 results in an estimated price of approximately £816,217.
15 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 149.7 | 70.045 % | £480,000 | £336,217 | £816,217 |
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 | 19.488 % | £93,540 | £573,540 |
3 Month Average | 39.564 % | £189,907 | £669,907 |
6 Month Average | 14.270 % | £68,498 | £548,498 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Apr 2024 | £393,416 | £390,000 | FLAT 10 BELLA BEST HOUSE 5B WESTMORELAND TERRACE |
4 Apr 2024 | £443,854 | £440,000 | FLAT 8 BELLA BEST HOUSE 5B WESTMORELAND TERRACE |
6 Mar 2024 | £558,582 | £550,000 | FLAT 7 BELLA BEST HOUSE 5B WESTMORELAND TERRACE |
19 Oct 2023 | £562,782 | £550,000 | FLAT 9 BELLA BEST HOUSE 5B WESTMORELAND TERRACE |
15 Mar 2023 | £610,190 | £600,000 | FLAT 8 EVESHAM HOUSE ABBOTS MANOR |
This house has a floor area of 63 sq meters or 685 sq feet when measured on 23 Oct 2009. Using an estimated price of £816,217 means this house is valued at £12,811 per sq meter (£1,190 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 |