£604,418
This estimated value is based upon the latest sale price for the house of £325,000 on 23 Jun 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
218 Great Portland Street, London, W1W 5QP
Phone: 02034630078
Price Paid | Date |
---|---|
£325,000 | 23 Jun 2005 |
£168,000 | 9 Sep 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 742 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 June 2005 the House Price Index for GREATER LONDON was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £325,000 results in an estimated price of approximately £604,418.
23 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.5 | 149.7 | 85.975 % | £325,000 | £279,418 | £604,418 |
The Postcode Pricing Model uses changes in average sales price within the NW1 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 | 64.514 % | £209,672 | £534,672 |
3 Month Average | 120.029 % | £390,094 | £715,094 |
6 Month Average | 169.497 % | £550,865 | £875,865 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £6,396,553 | £6,200,000 | FLAT 1 5 CAMBRIDGE GATE |
20 Oct 2023 | £706,035 | £690,000 | FLAT 8 8 COLOSSEUM TERRACE |
11 Oct 2023 | £8,441,729 | £8,250,000 | APARTMENT 1 3 CAMBRIDGE GATE |
20 Apr 2023 | £1,059,823 | £1,040,000 | 71C ALBANY STREET |
11 Jul 2022 | £8,080,972 | £8,000,000 | APARTMENT 3 7 CAMBRIDGE GATE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 13 Mar 2014. Using an estimated price of £604,419 means this house is valued at £8,759 per sq meter (£813 per sq foot).
The average size of a house on COLOSSEUM TERRACE is 70 sq meters (763 sq feet).