£991,809
This estimated value is based upon the latest sale price for the house of £900,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Regus, Regal House, 70 London Road, TW1 3QS
Phone: 02077680826
| Price Paid | Date |
|---|---|
| £900,000 | 29 Oct 2021 |
| £215,000 | 9 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 October 2021 the House Price Index for GREATER LONDON was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £900,000 results in an estimated price of approximately £991,809.
| 29 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.0 | 10.201 % | £900,000 | £91,809 | £991,809 |
The Postcode Pricing Model uses changes in average sales price within the TW1 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 | 17.743 % | £159,687 | £1,059,687 |
| 3 Month Average | -7.466 % | £-67,194 | £832,805 |
| 6 Month Average | -9.382 % | £-84,436 | £815,563 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £831,744 | £825,000 | 18 LANCASTER PLACE |
| 10 Feb 2023 | £2,040,350 | £2,050,000 | 21 COLE PARK ROAD |
| 27 Jun 2022 | £353,584 | £350,000 | 42 CANDLER MEWS |
| 18 Mar 2022 | £544,421 | £527,500 | 43 CANDLER MEWS |
| 7 Feb 2022 | £391,673 | £375,000 | 17 CANDLER MEWS |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 17 Aug 2020. Using an estimated price of £991,809 means this house is valued at £10,551 per sq meter (£980 per sq foot).
The average size of a house on LANCASTER PLACE is 109 sq meters (1,181 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Lancaster Place |
| Apr 2024 | Anti-social behaviour | On or near Cole Road | |
| Mar 2024 | Drugs | Under investigation | On or near Cole Road |
| Jan 2024 | Robbery | Under investigation | On or near Cole Road |
| Jan 2024 | Anti-social behaviour | On or near Cole Road |