£2,048,058
This estimated value is based upon the latest sale price for the house of £1,400,000 on 30 Jun 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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47 South Audley Street, Mayfair, W1K 2QA
Phone: 02081152507
Price Paid | Date |
---|---|
£1,400,000 | 30 Jun 2015 |
£950,000 | 23 Aug 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 88 sq meters or 947 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 2015 the House Price Index for GREATER LONDON was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £1,400,000 results in an estimated price of approximately £2,048,058.
30 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 149.7 | 46.290 % | £1,400,000 | £648,058 | £2,048,058 |
The Postcode Pricing Model uses changes in average sales price within the W1K 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 | 381.604 % | £5,342,462 | £6,742,462 |
3 Month Average | 81.985 % | £1,147,786 | £2,547,786 |
6 Month Average | 133.882 % | £1,874,354 | £3,274,354 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £9,343,555 | £9,200,000 | 2 ALDFORD STREET |
12 Dec 2023 | £1,724,490 | £1,671,500 | FLAT 2 31 SOUTH AUDLEY STREET |
13 Oct 2023 | £39,906,354 | £39,000,000 | 7 BALFOUR PLACE |
23 Aug 2023 | £5,295,510 | £5,200,000 | FLAT 4 51 MOUNT STREET |
18 Aug 2023 | £2,495,000 | £2,450,000 | FLAT 11 50 SOUTH AUDLEY STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 1 May 2012. Using an estimated price of £2,048,058 means this house is valued at £23,273 per sq meter (£2,162 per sq foot).
The average size of a house on BALFOUR PLACE is 137 sq meters (1,476 sq feet).