Local comparables model (V2)
How the model reaches its estimate
| Step | Value | Effect | × multiplier |
|---|
| London-wide baseline |
model average |
|
£8,111/sqm
|
|
Location
(nearby obs. £5,665/sqm
· 7 props
· 0.47 km)
|
this area |
-59%
|
×0.41
|
| Size |
— |
|
×1.79
|
| Bedrooms |
— |
|
×0.87
|
| Bathrooms |
— |
|
×0.93
|
| Property type |
Land |
|
×0.96
|
| Tube/rail distance |
0.65 mi |
|
×1.01
|
| Garden |
unknown |
|
×0.99
|
| = Predicted £/sqm |
£5,060/sqm
range £3,100–£6,016
|
Area unknown — showing £/sqm only
Asking £1,000
Each multiplier is a SHAP value from the CatBoost model. The chain is exact:
baseline × location × property factors = predicted £/sqm.
Nearby observed rate shown as context only. Range = P10–P90 quantile models.
LAND FOR SALE IN LONDON BY AUCTION 6th - 7th JULY
FOR SALE VIA ONLINE AUCTION ON MONDAY 6TH JULY AT 1PM UNTIL TUESDAY 7TH JULY 1PM.
Current Vacant plot situated in the highly coveted location of Greenwich . In one of London's most sought after neighbourhoods.
AUCTION HOUSE have not visited or inspected the land.
Purchasers are deemed to rely on their own enquiries with regard to any possible development potential for this individual plot in respect of planning and any other consents or rights over the land including adopted highways, public right of ways etc.
LAND FOR SALE IN LONDON
1. Access roadway rights
2. Secure access to Private Land.
3. Highly affluent & very desirable area.
4. 130M² approx area
5. Private allotments.
Tenure: Freehold
Administration Fee: £750 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £750 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
