£2,168,278
This estimated value is based upon the latest sale price for the house of £855,000 on 17 Dec 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Old Park Lane, London, W1K 1QW
Phone: 02080333909
Price Paid | Date |
---|---|
£855,000 | 17 Dec 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 175 sq meters or 1,883 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 December 2002 the House Price Index for GREATER LONDON was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £855,000 results in an estimated price of approximately £2,168,278.
17 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
58.6 | 148.6 | 153.600 % | £855,000 | £1,313,278 | £2,168,278 |
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 | 57.889 % | £494,954 | £1,349,954 |
3 Month Average | 188.410 % | £1,610,909 | £2,465,909 |
6 Month Average | 204.301 % | £1,746,770 | £2,601,770 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £3,426,112 | £3,380,000 | 5 MARKET MEWS |
26 Jul 2023 | £202,729 | £200,000 | GARAGE AT 17A MARKET MEWS |
13 Feb 2023 | £5,496,301 | £5,500,000 | 29 SHEPHERD STREET |
13 Feb 2023 | £7,345,057 | £7,350,000 | 39 HERTFORD STREET |
13 Feb 2023 | £2,248,487 | £2,250,000 | 23 SHEPHERD STREET |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 22 Jul 2019. Using an estimated price of £2,168,278 means this house is valued at £12,390 per sq meter (£1,151 per sq foot).
The average size of a house on BRICK STREET is 186 sq meters (2,011 sq feet).