£2,648,099
This estimated value is based upon the latest sale price for the house of £475,000 on 1 Jul 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Lancaster Gate
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Lancaster Gate, London, W2 3NP
Phone: 02036417197
| Price Paid | Date |
|---|---|
| £475,000 | 1 Jul 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 135 sq meters or 1,453 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 July 1996 the House Price Index for GREATER LONDON was 26.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 457.495%.Applying this 457.495% change to the original purchase price of £475,000 results in an estimated price of approximately £2,648,099.
| 1 Jul 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.7 | 148.6 | 457.495 % | £475,000 | £2,173,099 | £2,648,099 |
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 | 621.328 % | £2,951,307 | £3,426,307 |
| 3 Month Average | 405.467 % | £1,925,967 | £2,400,967 |
| 6 Month Average | 522.558 % | £2,482,149 | £2,957,149 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2022 | £6,919,125 | £6,975,000 | 27 LANCASTER GATE |
| 18 May 2022 | £3,903,553 | £3,830,000 | 31 LANCASTER MEWS |
| 6 Apr 2022 | £3,398,337 | £3,300,000 | 27 LANCASTER MEWS |
| 1 Mar 2022 | £1,997,758 | £1,927,850 | 45 LANCASTER MEWS |
| 6 Aug 2021 | £2,231,231 | £2,000,000 | 30 LANCASTER MEWS |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 10 Oct 2018. Using an estimated price of £2,648,099 means this house is valued at £19,615 per sq meter (£1,822 per sq foot).
The average size of a house on LANCASTER GATE is 120 sq meters (1,297 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Lancaster Gate | |
| Jan 2024 | Anti-social behaviour | On or near Lancaster Gate | |
| Jan 2024 | Other theft | Under investigation | On or near Lancaster Gate |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Lancaster Gate |
| Jan 2024 | Anti-social behaviour | On or near Lancaster Gate |