Full Address

WELLINGTON COURT, 116 FLAT 4 KNIGHTSBRIDGE
LONDON
LONDON
GREATER LONDON
UNITED KINGDOM
SW1X 7PL

Estimated Market Value

£4,042,920

This estimated value is based upon the latest sale price for the house of £4,000,000 on 18 May 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON1

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Transactions for this house
Price PaidDate
£4,000,00018 May 2018
£1,065,00013 Mar 2002
House Details
Flats/Maisonettes
Leasehold

House Price Models

Land Registry House Price Index Model

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 May 2018 the House Price Index for GREATER LONDON was 121.9.

The House Price Index as of 1 Dec 2019 is 123.2 which is a change of 1.073%.

Applying this 1.073% change to the original purchase price of £4,000,000 gives us an estimated price now of around £4,042,919.

18 May 2018 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
121.9 123.2 1.073 % £4,000,000 £42,919 £4,042,919

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 26.844 % £1,073,771 £5,073,771
3 Month Average 11.419 % £456,773 £4,456,773
6 Month Average 8.504 % £340,179 £4,340,179

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In May 2018 the average sale price for the 50 nearest sales within two miles of WELLINGTON COURT, 116 FLAT 4 KNIGHTSBRIDGE was £1,689,849.

In May 2020 the average sale price for the 1 nearest sales was £450,000. This is a change of -73.370%.

So taking the original purchase price of £4,000,000 and adjusting it by -73.370% gives an estimated price of £1,065,183.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 18 May 2018 Average price on 28 May 2020 % change Purchase Price Gain / Loss Estimated Price
£1,689,849 £450,000 -73.370 % £4,000,000 £-2,934,816 £1,065,183
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
30 Aug 2019 £1,916,959 £1,900,000 19 PARK MANSIONS KNIGHTSBRIDGE
2 Apr 2019 £1,641,229 £1,600,000 FLAT 19B WELLINGTON COURT, 116 KNIGHTSBRIDGE
11 Feb 2019 £633,337 £625,000 FLAT 9 ALBERT GATE COURT, 124 KNIGHTSBRIDGE
18 May 2018 £4,042,920 £4,000,000 FLAT 4 WELLINGTON COURT, 116 KNIGHTSBRIDGE
16 May 2018 £1,718,241 £1,700,000 78 PARK MANSIONS KNIGHTSBRIDGE

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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