£1,002,810
This estimated value is based upon the latest sale price for the house of £545,000 on 12 Jun 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4c Praed Street, Paddington, London, W2 1JX
Phone: 02036414567
| Price Paid | Date |
|---|---|
| £545,000 | 12 Jun 2009 |
| £480,000 | 31 Jan 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 June 2009 the House Price Index for GREATER LONDON was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.002%.Applying this 84.002% change to the original purchase price of £545,000 results in an estimated price of approximately £1,002,810.
| 12 Jun 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 84.002 % | £545,000 | £457,810 | £1,002,810 |
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 | -7.189 % | £-39,178 | £505,821 |
| 3 Month Average | 48.055 % | £261,900 | £806,900 |
| 6 Month Average | 73.578 % | £401,001 | £946,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £1,008,826 | £1,000,000 | FLAT 319 PENINSULA APARTMENTS, 4 PRAED STREET |
| 1 Jun 2023 | £885,729 | £875,000 | FLAT 602 PENINSULA APARTMENTS, 4 PRAED STREET |
| 27 Apr 2023 | £1,647,742 | £1,630,000 | FLAT 617 PENINSULA APARTMENTS, 4 PRAED STREET |
| 17 Mar 2023 | £565,326 | £560,000 | FLAT 204 PENINSULA APARTMENTS, 4 PRAED STREET |
| 1 Mar 2023 | £564,317 | £559,000 | FLAT 105 PENINSULA APARTMENTS, 4 PRAED STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 21 Aug 2012. Using an estimated price of £1,002,811 means this house is valued at £15,917 per sq meter (£1,478 per sq foot).
The average size of a house on PRAED STREET is 67 sq meters (723 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Junction Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Junction Place |
| Jan 2024 | Other theft | Under investigation | On or near Junction Place |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Junction Place |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near St Michael'S Street |