£2,422,375
This estimated value is based upon the latest sale price for the house of £1,825,000 on 30 Nov 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3 Queen Street, Mayfair, W1J 5PA
Phone: 02080226030
| Price Paid | Date |
|---|---|
| £1,825,000 | 30 Nov 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 November 2016 the House Price Index for GREATER LONDON was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £1,825,000 results in an estimated price of approximately £2,422,375.
| 30 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £1,825,000 | £597,375 | £2,422,375 |
The Postcode Pricing Model uses changes in average sales price within the W1J 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 | 461.891 % | £8,429,502 | £10,254,502 |
| 3 Month Average | 74.267 % | £1,355,379 | £3,180,379 |
| 6 Month Average | 149.883 % | £2,735,367 | £4,560,367 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £3,300,000 | £3,300,000 | FLAT 3 10 CHARLES STREET |
| 21 Dec 2023 | £8,047,277 | £7,800,000 | 7 QUEEN STREET |
| 22 Nov 2023 | £16,211,514 | £15,800,000 | 7 CURZON STREET |
| 22 Aug 2023 | £3,055,102 | £3,000,000 | FLAT 12 ROSEBERY COURT, 15 CHARLES STREET |
| 8 Jul 2022 | £808,097 | £800,000 | FLAT E 25 CHARLES STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 4 Jul 2016. Using an estimated price of £2,422,375 means this house is valued at £33,183 per sq meter (£3,082 per sq foot).
The average size of a house on CHARLES STREET is 168 sq meters (1,809 sq feet).