£1,096,433
This estimated value is based upon the latest sale price for the house of £517,500 on 24 Feb 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Parking Area
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40 Connaught Street, London, W2 2AB
Phone: 02081152461
| Price Paid | Date |
|---|---|
| £517,500 | 24 Feb 2004 |
| £330,000 | 10 Apr 2001 |
| 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 February 2004 the House Price Index for GREATER LONDON was 70.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 111.871%.Applying this 111.871% change to the original purchase price of £517,500 results in an estimated price of approximately £1,096,433.
| 24 Feb 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 148.6 | 111.871 % | £517,500 | £578,933 | £1,096,433 |
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 | 182.242 % | £943,103 | £1,460,603 |
| 3 Month Average | 94.762 % | £490,393 | £1,007,893 |
| 6 Month Average | 142.377 % | £736,802 | £1,254,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2022 | £1,328,576 | £1,325,000 | 24 RAYNHAM NORFOLK CRESCENT |
| 11 Jan 2022 | £2,420,538 | £2,300,000 | 5 OXFORD SQUARE |
| 3 Dec 2021 | £3,214,131 | £3,000,000 | 8 CAMBRIDGE SQUARE |
| 11 Dec 2020 | £2,984,055 | £2,600,000 | APARTMENT 5.2 2 HYDE PARK SQUARE |
| 28 Oct 2019 | £1,483,851 | £1,210,000 | 16 RAYNHAM NORFOLK CRESCENT |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 19 Jul 2021. Using an estimated price of £1,096,433 means this house is valued at £14,056 per sq meter (£1,305 per sq foot).
The average size of a house on HYDE PARK CRESCENT is 158 sq meters (1,708 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Burglary | Under investigation | On or near Parking Area |
| Dec 2023 | Theft from the person | Under investigation | On or near Parking Area |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Other theft | Under investigation | On or near Cambridge Square |