This estimated value is based upon the latest sale price for the house of £9,000,000 on 15 Jun 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON1
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|£9,000,000||15 Jun 2015|
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 2015 the House Price Index for GREATER LONDON was 103.2.The House Price Index as of 1 Jun 2019 is 120.5 which is a change of 16.732%.
Applying this 16.732% change to the original purchase price of £9,000,000 gives us an estimated price now of around £10,505,912.
|15 Jun 2015||1 Jun 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the SW1X 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||249.404 %||£22,446,337||£31,446,337|
|3 Month Average||3.964 %||£356,754||£9,356,754|
|6 Month Average||-5.646 %||£-508,169||£8,491,830|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In June 2015 the average sale price for the 50 nearest sales within two miles of ONE HYDE PARK, 100 APARTMENT B.01.3 KNIGHTSBRIDGE was £1,225,484.
In November 2019 the average sale price for the 50 nearest sales was £1,191,772. This is a change of -2.751%.
So taking the original purchase price of £9,000,000 and adjusting it by -2.751% gives an estimated price of £8,752,417.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 15 Jun 2015||Average price on 28 Nov 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|2 May 2019||£5,646,921||£5,600,000||FLAT 1 ALBERT GATE COURT, 124 KNIGHTSBRIDGE|
|11 Feb 2019||£619,032||£625,000||FLAT 9 ALBERT GATE COURT, 124 KNIGHTSBRIDGE|
|20 Dec 2018||£968,477||£985,000||FLAT 86 ALBION GATE HYDE PARK PLACE|
|31 Aug 2018||£2,089,473||£2,150,000||FLAT 74 ALBION GATE ALBION STREET|
|25 Jul 2018||£730||£750||BASEMENT VAULTS NUMBERED V4 V5 AND V6, 22 - 23 HYDE PARK PLACE|