£730,542
This estimated value is based upon the latest sale price for the house of £540,000 on 27 May 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4th Floor, Silverstream House, 45 Fitzroy Street, Fitzrovia, London, W1T 6EB
Phone: 02080336678
Price Paid | Date |
---|---|
£540,000 | 27 May 2016 |
£230,000 | 30 Jun 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 26 sq meters or 279 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 May 2016 the House Price Index for GREATER LONDON was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £540,000 results in an estimated price of approximately £730,542.
27 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 149.7 | 35.286 % | £540,000 | £190,542 | £730,542 |
The Postcode Pricing Model uses changes in average sales price within the W1T 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 | -37.883 % | £-204,567 | £335,432 |
3 Month Average | -36.612 % | £-197,706 | £342,293 |
6 Month Average | -19.430 % | £-104,921 | £435,078 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £800,000 | £800,000 | FLAT 1 22 CARBURTON STREET |
24 Mar 2023 | £42,306,524 | £41,600,000 | HOLIDAY INN CARBURTON STREET |
31 May 2022 | £739,259 | £720,000 | FLAT 5 CLIFTON HOUSE, 131 - 133 CLEVELAND STREET |
10 Jan 2022 | £524,798 | £495,000 | FLAT 1 100 CLEVELAND STREET |
16 Dec 2021 | £690,757 | £640,000 | 1A FITZROY MEWS |
This house has a floor area of 26 sq meters or 279 sq feet when measured on 25 Jan 2020. Using an estimated price of £730,542 means this house is valued at £28,097 per sq meter (£2,610 per sq foot).
The average size of a house on CLEVELAND STREET is 57 sq meters (617 sq feet).
This house is the smallest in the street with a floor area of 26 sq meters (279 sq feet).