£2,500,522
This estimated value is based upon the latest sale price for the house of £1,475,000 on 3 Sep 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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83 George Street, London, W1U 8AQ
Phone: 02080339135
Price Paid | Date |
---|---|
£1,475,000 | 3 Sep 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 86 sq meters or 934 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 2010 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.527%.Applying this 69.527% change to the original purchase price of £1,475,000 results in an estimated price of approximately £2,500,522.
3 Sep 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.527 % | £1,475,000 | £1,025,522 | £2,500,522 |
The Postcode Pricing Model uses changes in average sales price within the W1U 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 | -22.381 % | £-330,117 | £1,144,882 |
3 Month Average | 19.692 % | £290,457 | £1,765,457 |
6 Month Average | 42.115 % | £621,191 | £2,096,191 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £1,363,863 | £1,340,000 | FLAT 89 15 PORTMAN SQUARE |
31 Mar 2023 | £2,372,351 | £2,350,000 | 10 PORTMAN TOWERS GEORGE STREET |
3 Feb 2023 | £3,247,815 | £3,250,000 | 18 PORTMAN TOWERS GEORGE STREET |
25 Jan 2023 | £5,374,682 | £5,400,000 | 43 PORTMAN TOWERS GEORGE STREET |
3 Oct 2022 | £8,186,851 | £8,275,000 | APARTMENT 8 55 GEORGE STREET |
This house has a floor area of 86 sq meters or 934 sq feet when measured on 29 Jul 2009. Using an estimated price of £2,500,523 means this house is valued at £28,804 per sq meter (£2,676 per sq foot).
The average size of a house on GEORGE STREET is 104 sq meters (1,122 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Theft from the person | Under investigation | On or near Portman Close |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Portman Close |
Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Portman Close |
Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Portman Close |
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Portman Close |