£7,949,820
This estimated value is based upon the latest sale price for the house of £5,000,000 on 16 May 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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121 Park Lane, London, W1K 7AG
Phone: 02081282514
| Price Paid | Date |
|---|---|
| £5,000,000 | 16 May 2008 |
| £3,750,000 | 4 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
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 May 2008 the House Price Index for GREATER LONDON was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £5,000,000 results in an estimated price of approximately £7,949,820.
| 16 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 148.6 | 58.996 % | £5,000,000 | £2,949,820 | £7,949,820 |
The Postcode Pricing Model uses changes in average sales price within the W1K 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 | 141.656 % | £7,082,803 | £12,082,803 |
| 3 Month Average | 164.892 % | £8,244,614 | £13,244,614 |
| 6 Month Average | 257.594 % | £12,879,722 | £17,879,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £5,672,529 | £5,600,000 | FLAT 40 HEREFORD HOUSE NORTH ROW |
| 15 Jun 2023 | £3,542,916 | £3,500,000 | 6 AVENFIELD HOUSE PARK LANE |
| 23 Feb 2023 | £259,825 | £260,000 | 12 NORTH ROW |
| 18 Aug 2022 | £972,383 | £975,000 | 3 AVENFIELD HOUSE PARK LANE |
| 11 Aug 2021 | £4,462,463 | £4,000,000 | FLAT 32 HEREFORD HOUSE NORTH ROW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Theft from the person | Under investigation | On or near Dunraven Street |
| Jan 2024 | Theft from the person | Under investigation | On or near Dunraven Street |
| Jan 2024 | Robbery | Under investigation | On or near Dunraven Street |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Dunraven Street |
| Dec 2023 | Anti-social behaviour | On or near Dunraven Street |