£1,898,722
This estimated value is based upon the latest sale price for the house of £1,900,000 on 6 Feb 2023. 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 |
|---|---|
| £1,900,000 | 6 Feb 2023 |
| £1,984,000 | 24 Dec 2020 |
| Terraced |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 February 2023 the House Price Index for GREATER LONDON was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £1,900,000 results in an estimated price of approximately £1,898,722.
| 6 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £1,900,000 | £-1,277 | £1,898,722 |
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 | 216.364 % | £4,110,919 | £6,010,919 |
| 3 Month Average | 176.343 % | £3,350,510 | £5,250,510 |
| 6 Month Average | 112.855 % | £2,144,238 | £4,044,238 |
| 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 137 sq meters or 1,474 sq feet when measured on 16 Apr 2015. Using an estimated price of £1,898,722 means this house is valued at £13,859 per sq meter (£1,287 per sq foot).
The average size of a house on HANWAY STREET is 115 sq meters (1,239 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Under investigation | On or near Hanway Place |
| Apr 2024 | Theft from the person | Under investigation | On or near Hanway Place |
| Apr 2024 | Theft from the person | Under investigation | On or near Hanway Place |
| Apr 2024 | Theft from the person | Under investigation | On or near Hanway Place |
| Apr 2024 | Theft from the person | Under investigation | On or near Hanway Place |