£1,028,316
This estimated value is based upon the latest sale price for the house of £274,000 on 7 Jun 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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78 Royal Hospital Road, Chelsea, London, SW3 4HN
Phone: 02080332772
Price Paid | Date |
---|---|
£274,000 | 7 Jun 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 36 sq meters or 393 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 2000 the House Price Index for GREATER LONDON was 39.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 275.298%.Applying this 275.298% change to the original purchase price of £274,000 results in an estimated price of approximately £1,028,316.
7 Jun 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.6 | 148.6 | 275.298 % | £274,000 | £754,316 | £1,028,316 |
The Postcode Pricing Model uses changes in average sales price within the SW3 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 | 83.351 % | £228,381 | £502,381 |
3 Month Average | 138.999 % | £380,855 | £654,855 |
6 Month Average | 194.456 % | £532,808 | £806,808 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £877,999 | £865,000 | FLAT 25 25 CHEYNE PLACE |
15 Jun 2023 | £809,809 | £800,000 | FLAT 16 25 CHEYNE PLACE |
6 Mar 2023 | £858,084 | £850,000 | FLAT 24 25 CHEYNE PLACE |
31 Mar 2022 | £844,554 | £815,000 | FLAT 4 LAMPARD HOUSE, 76 ROYAL HOSPITAL ROAD |
25 Feb 2022 | £3,408,257 | £3,250,000 | 8 CAVERSHAM STREET |
This house has a floor area of 36 sq meters or 393 sq feet when measured on 1 Nov 2011. Using an estimated price of £1,028,316 means this house is valued at £28,119 per sq meter (£2,612 per sq foot).
The average size of a house on CHEYNE PLACE is 110 sq meters (1,188 sq feet).
This house is the smallest in the street with a floor area of 36 sq meters (393 sq feet).