£1,049,013
This estimated value is based upon the latest sale price for the house of £800,000 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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87 Long Lane, Clerkenwell, London, EC1A 9ET
Phone: 02076007000
| Price Paid | Date |
|---|---|
| £800,000 | 9 Dec 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 December 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £800,000 results in an estimated price of approximately £1,049,013.
| 9 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £800,000 | £249,013 | £1,049,013 |
The Postcode Pricing Model uses changes in average sales price within the EC1A 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 | -48.083 % | £-384,665 | £415,334 |
| 3 Month Average | -39.468 % | £-315,746 | £484,253 |
| 6 Month Average | -24.246 % | £-193,965 | £606,034 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jan 2023 | £1,388,460 | £1,395,000 | FLAT 10 ST. BARTHOLOMEW HOUSE, 58 WEST SMITHFIELD |
| 18 Oct 2022 | £583,715 | £590,000 | FLAT 6 64 WEST SMITHFIELD |
| 14 Oct 2021 | £995,830 | £900,000 | FLAT 5 ST. BARTHOLOMEW HOUSE, 58 WEST SMITHFIELD |
| 25 Jun 2021 | £1,609,386 | £1,500,000 | FLAT 16 ST. BARTHOLOMEW HOUSE, 58 WEST SMITHFIELD |
| 21 Oct 2020 | £4,011,944 | £3,420,000 | 56 WEST SMITHFIELD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 9 Nov 2016. Using an estimated price of £1,049,013 means this house is valued at £20,980 per sq meter (£1,949 per sq foot).
The average size of a house on WEST SMITHFIELD is 57 sq meters (617 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cloth Fair |
| Apr 2024 | Other theft | Under investigation | On or near Cloth Fair |
| Apr 2024 | Other theft | Under investigation | On or near Cloth Fair |
| Apr 2024 | Public order | Under investigation | On or near Cloth Fair |
| Apr 2024 | Other theft | Under investigation | On or near Cloth Fair |