£592,954
This estimated value is based upon the latest sale price for the house of £315,000 on 17 Nov 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Stephen Street, London, W1T 1AN
Phone: 02080333396
| Price Paid | Date |
|---|---|
| £315,000 | 17 Nov 2004 |
| £222,500 | 23 Jul 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 543 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 November 2004 the House Price Index for GREATER LONDON was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £315,000 results in an estimated price of approximately £592,954.
| 17 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.6 | 88.239 % | £315,000 | £277,954 | £592,954 |
The Postcode Pricing Model uses changes in average sales price within the W1T 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 | 491.533 % | £1,548,328 | £1,863,328 |
| 3 Month Average | 431.573 % | £1,359,453 | £1,674,453 |
| 6 Month Average | 210.964 % | £664,536 | £979,536 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £609,016 | £600,000 | FLAT 75 25 GRESSE STREET |
| 6 Feb 2023 | £1,898,722 | £1,900,000 | 32 HANWAY STREET |
| 23 Nov 2022 | £543,418 | £550,000 | FLAT 59 25 GRESSE STREET |
| 14 Jun 2022 | £23,583,279 | £23,250,000 | 3 - 5 SOHO STREET |
| 21 Mar 2022 | £1,031,081 | £995,000 | FLAT 6 2 HANWAY PLACE |
This house has a floor area of 50 sq meters or 543 sq feet when measured on 12 Jan 2009. Using an estimated price of £592,954 means this house is valued at £11,748 per sq meter (£1,091 per sq foot).
The average size of a house on HANWAY PLACE is 111 sq meters (1,198 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (543 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Nightclub |
| Jan 2024 | Theft from the person | Under investigation | On or near Nightclub |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Nightclub |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Nightclub |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Nightclub |