£1,508,285
This estimated value is based upon the latest sale price for the house of £1,215,000 on 30 Nov 2018. 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 |
---|---|
£1,215,000 | 30 Nov 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 78 sq meters or 839 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 November 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £1,215,000 results in an estimated price of approximately £1,508,285.
30 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.139 % | £1,215,000 | £293,285 | £1,508,285 |
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 | 17.081 % | £207,529 | £1,422,529 |
3 Month Average | -13.693 % | £-166,364 | £1,048,635 |
6 Month Average | -7.797 % | £-94,736 | £1,120,263 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £980,117 | £950,000 | FLAT 11 CARROLL HOUSE CRAVEN TERRACE |
31 Aug 2023 | £941,990 | £925,000 | FLAT 26 GILRAY HOUSE GLOUCESTER TERRACE |
20 Apr 2022 | £1,659,875 | £1,600,000 | FLAT 6 POWELL HOUSE, 8 GLOUCESTER TERRACE |
25 Jun 2021 | £1,837,473 | £1,700,000 | PENTHOUSE A MAITLAND COURT LANCASTER TERRACE |
23 Apr 2021 | £1,763,184 | £1,550,000 | FLAT 7 POWELL HOUSE, 8 GLOUCESTER TERRACE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 6 Feb 2017. Using an estimated price of £1,508,286 means this house is valued at £19,337 per sq meter (£1,796 per sq foot).
There is one other house on the street which we know the size of, this is FLAT 4 MARLBOROUGH GATE HOUSE ELMS MEWS it is 77.0
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Possession of weapons | Under investigation | On or near Elms Mews |
Apr 2024 | Drugs | Under investigation | On or near Elms Mews |
Apr 2024 | Other theft | Under investigation | On or near Elms Mews |
Apr 2024 | Drugs | Under investigation | On or near Bayswater Road |
Apr 2024 | Anti-social behaviour | On or near Bayswater Road |