£1,787,586
This estimated value is based upon the latest sale price for the house of £1,400,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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The Estate Office, St. George's Fields, W2 2YE
Phone: 02035894013
Price Paid | Date |
---|---|
£1,400,000 | 29 Sep 2017 |
£1,200,000 | 18 Jun 2012 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 2017 the House Price Index for GREATER LONDON was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £1,400,000 results in an estimated price of approximately £1,787,586.
29 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £1,400,000 | £387,586 | £1,787,586 |
The Postcode Pricing Model uses changes in average sales price within the W2 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 | -28.542 % | £-399,587 | £1,000,412 |
3 Month Average | -24.063 % | £-336,882 | £1,063,117 |
6 Month Average | -18.312 % | £-256,362 | £1,143,637 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Feb 2023 | £498,329 | £495,000 | 23 NORTH RISE |
20 Jan 2023 | £686,835 | £685,000 | 53 HANOVER STEPS |
4 Aug 2022 | £527,466 | £525,000 | FLAT 8 32 CONNAUGHT SQUARE |
4 Aug 2022 | £155,728 | £155,000 | BASEMENT STUDIO 32 CONNAUGHT SQUARE |
4 Apr 2022 | £6,537,833 | £6,302,000 | 24 CONNAUGHT SQUARE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 11 Apr 2017. Using an estimated price of £1,787,587 means this house is valued at £22,627 per sq meter (£2,102 per sq foot).
The average size of a house on ARCHERY CLOSE is 106 sq meters (1,151 sq feet).