£2,913,928
This estimated value is based upon the latest sale price for the house of £965,000 on 8 Mar 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Craven Terrace, Hyde Park, London, W2 3QD
Phone: 02080225637
| Price Paid | Date |
|---|---|
| £965,000 | 8 Mar 2002 |
| 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 March 2002 the House Price Index for GREATER LONDON was 49.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 201.961%.Applying this 201.961% change to the original purchase price of £965,000 results in an estimated price of approximately £2,913,928.
| 8 Mar 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 148.6 | 201.961 % | £965,000 | £1,948,928 | £2,913,928 |
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 | 256.553 % | £2,475,735 | £3,440,735 |
| 3 Month Average | 148.046 % | £1,428,641 | £2,393,641 |
| 6 Month Average | 207.453 % | £2,001,922 | £2,966,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £671,753 | £660,000 | FLAT 2 105 - 106 LANCASTER GATE |
| 31 Aug 2023 | £2,471,623 | £2,450,000 | 36 LANCASTER MEWS |
| 29 Aug 2023 | £3,717,522 | £3,685,000 | 13 LANCASTER COURT, 100 LANCASTER GATE |
| 7 Mar 2023 | £201,902 | £200,000 | FLAT 8 AMBASSADOR COURT, 17 CRAVEN TERRACE |
| 13 Jul 2022 | £1,153,104 | £1,150,000 | FLAT B 19 - 21 LANCASTER GATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lancaster Mews |
| Dec 2023 | Anti-social behaviour | On or near Lancaster Mews | |
| Dec 2023 | Anti-social behaviour | On or near Lancaster Mews | |
| Dec 2023 | Anti-social behaviour | On or near Lancaster Mews | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Lancaster Mews |