£3,133,962
This estimated value is based upon the latest sale price for the house of £1,800,000 on 18 Dec 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been three burglaries within the last year on or near Somers Crescent
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38 Star Street, Paddington, London, W2 1QB
Phone: 02080227777
| Price Paid | Date |
|---|---|
| £1,800,000 | 18 Dec 2009 |
| £150,000 | 24 May 2001 |
| £620,000 | 30 Oct 2000 |
| Terraced |
| Freehold |
| Floor Area: 248 sq meters or 2,669 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 2009 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £1,800,000 results in an estimated price of approximately £3,133,962.
| 18 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £1,800,000 | £1,333,962 | £3,133,962 |
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 | 46.048 % | £828,861 | £2,628,861 |
| 3 Month Average | 50.850 % | £915,303 | £2,715,303 |
| 6 Month Average | 39.984 % | £719,718 | £2,519,718 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £399,064 | £390,000 | FLAT 117 DEVONPORT, 23 SOUTHWICK STREET |
| 23 Aug 2023 | £590,653 | £580,000 | FLAT 108 DEVONPORT, 23 SOUTHWICK STREET |
| 27 Nov 2020 | £1,769,422 | £1,515,000 | FLAT 121 DEVONPORT, 23 SOUTHWICK STREET |
| 24 Mar 2020 | £667,344 | £550,000 | FLAT 32 DEVONPORT, 23 SOUTHWICK STREET |
| 19 Dec 2019 | £636,460 | £515,000 | FLAT 77 DEVONPORT, 23 SOUTHWICK STREET |
This house has a floor area of 248 sq meters or 2,669 sq feet when measured on 16 Feb 2017. Using an estimated price of £3,133,963 means this house is valued at £12,636 per sq meter (£1,174 per sq foot).
The average size of a house on SOMERS CRESCENT is 240 sq meters (2,591 sq feet).
This house is the largest in the street with a floor area of 248 sq meters (2,669 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Somers Crescent |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Somers Crescent |
| Jun 2024 | Burglary | Unable to prosecute suspect | On or near Somers Crescent |
| Jun 2024 | Burglary | Unable to prosecute suspect | On or near Somers Crescent |
| Aug 2024 | Anti-social behaviour | On or near Radnor Place |