£599,733
This estimated value is based upon the latest sale price for the house of £377,000 on 6 Jan 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6 London Street, Paddington, London, W2 1HR
Phone: 02081285989
Price Paid | Date |
---|---|
£377,000 | 6 Jan 2014 |
£238,000 | 5 Feb 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 398 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 January 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 59.080%.Applying this 59.080% change to the original purchase price of £377,000 results in an estimated price of approximately £599,733.
6 Jan 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 148.0 | 59.080 % | £377,000 | £222,733 | £599,733 |
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 | -38.424 % | £-144,860 | £232,139 |
3 Month Average | 1.217 % | £4,586 | £381,586 |
6 Month Average | 11.785 % | £44,431 | £421,431 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £811,580 | £805,000 | 93 PRAED STREET |
9 Mar 2023 | £1,900,272 | £1,890,000 | 11 LONDON MEWS |
9 Jan 2023 | £2,379,102 | £2,400,000 | 135 PRAED STREET |
2 Sep 2022 | £78,544,723 | £79,500,000 | LILLIAN PENSON HALL UNIVERSITY OF LONDON TALBOT SQUARE |
3 Aug 2022 | £350,134 | £352,500 | FLAT 1 PADDINGTON HOUSE, 21 MACKINTOSH STREET |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 21 Feb 2020. Using an estimated price of £599,733 means this house is valued at £16,209 per sq meter (£1,505 per sq foot).
The average size of a house on PRAED STREET is 67 sq meters (723 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near London Mews |
Apr 2024 | Violence and sexual offences | Under investigation | On or near London Mews |
Apr 2024 | Other theft | Under investigation | On or near London Mews |
Apr 2024 | Other theft | Under investigation | On or near London Mews |
Apr 2024 | Theft from the person | Under investigation | On or near London Mews |