£457,197
This estimated value is based upon the latest sale price for the house of £250,000 on 17 Dec 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Lanark Place, Maida Vale, London, W9 1BT
Phone: 02034637534
Price Paid | Date |
---|---|
£250,000 | 17 Dec 2008 |
£187,000 | 24 Mar 2006 |
£82,000 | 12 Mar 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 71 sq meters or 764 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 2008 the House Price Index for GREATER LONDON was 81.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.879%.Applying this 82.879% change to the original purchase price of £250,000 results in an estimated price of approximately £457,197.
17 Dec 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.9 | 149.7 | 82.879 % | £250,000 | £207,197 | £457,197 |
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 | 94.488 % | £236,219 | £486,219 |
3 Month Average | 44.975 % | £112,437 | £362,437 |
6 Month Average | 45.688 % | £114,221 | £364,221 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Sep 2023 | £562,398 | £550,000 | FLAT 83A ST. MARYS MANSIONS ST MARYS TERRACE |
6 Mar 2023 | £1,716,160 | £1,687,500 | FLAT 41 ST. MARYS MANSIONS ST MARYS TERRACE |
10 Feb 2023 | £518,463 | £515,000 | 58 JOHN AIRD COURT |
11 May 2022 | £451,770 | £440,000 | 171 JOHN AIRD COURT |
30 Jun 2021 | £524,220 | £485,000 | 215 JOHN AIRD COURT |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 14 Feb 2019. Using an estimated price of £457,198 means this house is valued at £6,439 per sq meter (£598 per sq foot).
The average size of a house on JOHN AIRD COURT is 68 sq meters (734 sq feet).