£769,778
This estimated value is based upon the latest sale price for the house of £430,000 on 27 Feb 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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97 Park Lane, Mayfair, W1K 7TG
Phone: 02045377911
Price Paid | Date |
---|---|
£430,000 | 27 Feb 2006 |
£380,000 | 27 Aug 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 102 sq meters or 1,097 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 February 2006 the House Price Index for GREATER LONDON was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £430,000 results in an estimated price of approximately £769,778.
27 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.6 | 149.7 | 79.018 % | £430,000 | £339,778 | £769,778 |
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 | 2489.595 % | £10,705,259 | £11,135,259 |
3 Month Average | 392.131 % | £1,686,163 | £2,116,163 |
6 Month Average | 470.666 % | £2,023,862 | £2,453,862 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £216,657 | £210,000 | 31 CULROSS STREET |
22 Nov 2023 | £8,670,082 | £8,450,000 | 14 CULROSS STREET |
9 Aug 2023 | £7,128,571 | £7,000,000 | FLAT K UPPER FEILDE, 71 PARK STREET |
9 Jun 2023 | £3,316,462 | £3,250,000 | FLAT 8 42 UPPER BROOK STREET |
25 Apr 2023 | £866,202 | £850,000 | FLAT 11 16 UPPER BROOK STREET |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 10 Apr 2014. Using an estimated price of £769,779 means this house is valued at £7,546 per sq meter (£701 per sq foot).
The average size of a house on UPPER BROOK STREET is 192 sq meters (2,069 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Theft from the person | Under investigation | On or near Park Street |
Jun 2024 | Theft from the person | Under investigation | On or near Upper Grosvenor Street |
Apr 2024 | Theft from the person | Under investigation | On or near Upper Grosvenor Street |
Apr 2024 | Other theft | Under investigation | On or near Upper Grosvenor Street |
Apr 2024 | Other theft | Under investigation | On or near Upper Grosvenor Street |