£3,096,303
This estimated value is based upon the latest sale price for the house of £2,350,000 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
40 Connaught Street, London, W2 2AB
Phone: 02081152461
| Price Paid | Date |
|---|---|
| £2,350,000 | 25 Nov 2016 |
| Terraced |
| Leasehold |
| Floor Area: 230 sq meters or 2,475 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 2016 the House Price Index for GREATER LONDON was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £2,350,000 results in an estimated price of approximately £3,096,303.
| 25 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £2,350,000 | £746,303 | £3,096,303 |
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 | -41.089 % | £-965,580 | £1,384,419 |
| 3 Month Average | -6.073 % | £-142,705 | £2,207,294 |
| 6 Month Average | 8.454 % | £198,678 | £2,548,678 |
| 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 230 sq meters or 2,475 sq feet when measured on 25 Nov 2014. Using an estimated price of £3,096,303 means this house is valued at £13,462 per sq meter (£1,250 per sq foot).
The average size of a house on OXFORD SQUARE is 239 sq meters (2,581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Cambridge Square |