£1,011,565
This estimated value is based upon the latest sale price for the house of £220,000 on 17 Dec 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Craven Terrace, Hyde Park, London, W2 3QD
Phone: 02080225637
| Price Paid | Date |
|---|---|
| £220,000 | 17 Dec 1998 |
| £85,000 | 6 Mar 1996 |
| £132,500 | 27 Oct 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 97 sq meters or 1,044 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 1998 the House Price Index for GREATER LONDON was 32.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 359.802%.Applying this 359.802% change to the original purchase price of £220,000 results in an estimated price of approximately £1,011,565.
| 17 Dec 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 148.6 | 359.802 % | £220,000 | £791,565 | £1,011,565 |
The Postcode Pricing Model uses changes in average sales price within the W2 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 | 466.937 % | £1,027,260 | £1,247,260 |
| 3 Month Average | 313.057 % | £688,726 | £908,726 |
| 6 Month Average | 398.789 % | £877,335 | £1,097,335 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2023 | £201,902 | £200,000 | FLAT 8 AMBASSADOR COURT, 17 CRAVEN TERRACE |
| 13 Jul 2022 | £1,153,104 | £1,150,000 | FLAT B 19 - 21 LANCASTER GATE |
| 1 Jul 2022 | £18,924,057 | £18,873,116 | 10 LANCASTER GATE |
| 5 May 2022 | £1,712,263 | £1,680,000 | 13 BROOK MEWS NORTH |
| 1 Apr 2022 | £2,059,598 | £2,000,000 | 34 BROOK MEWS NORTH |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 19 Apr 2019. Using an estimated price of £1,011,565 means this house is valued at £10,428 per sq meter (£968 per sq foot).
The average size of a house on CRAVEN TERRACE is 49 sq meters (533 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Theft from the person | Under investigation | On or near Craven Terrace |