£449,946
This estimated value is based upon the latest sale price for the house of £82,000 on 21 Oct 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Spring Street, Hyde Park, London, W2 3RA
Phone: 02072981550
Price Paid | Date |
---|---|
£82,000 | 21 Oct 1996 |
£59,095 | 31 Oct 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 October 1996 the House Price Index for GREATER LONDON was 27.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 448.715%.Applying this 448.715% change to the original purchase price of £82,000 results in an estimated price of approximately £449,946.
21 Oct 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.1 | 148.6 | 448.715 % | £82,000 | £367,946 | £449,946 |
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 | 521.313 % | £427,476 | £509,476 |
3 Month Average | 365.519 % | £299,725 | £381,725 |
6 Month Average | 493.546 % | £404,707 | £486,707 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £933,164 | £925,000 | FLAT 26 GILRAY HOUSE GLOUCESTER TERRACE |
13 Mar 2023 | £1,059,986 | £1,050,000 | FLAT 3 218 SUSSEX GARDENS |
26 Jul 2022 | £927,497 | £925,000 | FLAT 3 WILDE HOUSE, 10 GLOUCESTER TERRACE |
30 Jun 2022 | £963,618 | £950,000 | FLAT 6 237 SUSSEX GARDENS |
20 Apr 2022 | £1,647,679 | £1,600,000 | FLAT 6 POWELL HOUSE, 8 GLOUCESTER TERRACE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 23 Jul 2020. Using an estimated price of £449,946 means this house is valued at £9,373 per sq meter (£870 per sq foot).
The average size of a house on LANCASTER TERRACE is 80 sq meters (864 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Under investigation | On or near Cerney Mews |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Cerney Mews |