£3,064,319
This estimated value is based upon the latest sale price for the house of £1,760,000 on 11 Dec 2009. 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 |
|---|---|
| £1,760,000 | 11 Dec 2009 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,157 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 £1,760,000 results in an estimated price of approximately £3,064,319.
| 11 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.109 % | £1,760,000 | £1,304,319 | £3,064,319 |
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 | 71.212 % | £1,253,337 | £3,013,337 |
| 3 Month Average | 42.102 % | £740,993 | £2,500,993 |
| 6 Month Average | 43.480 % | £765,240 | £2,525,240 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £3,650,000 | £3,650,000 | 32 LANCASTER MEWS |
| 30 Sep 2022 | £6,970,344 | £6,975,000 | 27 LANCASTER GATE |
| 18 May 2022 | £3,932,448 | £3,830,000 | 31 LANCASTER MEWS |
| 6 Apr 2022 | £3,423,492 | £3,300,000 | 27 LANCASTER MEWS |
| 1 Mar 2022 | £2,012,546 | £1,927,850 | 45 LANCASTER MEWS |
This house has a floor area of 107 sq meters or 1,157 sq feet when measured on 26 May 2009. Using an estimated price of £3,064,319 means this house is valued at £28,502 per sq meter (£2,647 per sq foot).
The average size of a house on LANCASTER MEWS is 136 sq meters (1,471 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Lancaster Mews |
| Apr 2024 | Other theft | Under investigation | On or near B410 |
| Apr 2024 | Other theft | Under investigation | On or near B410 |