£2,420,538
This estimated value is based upon the latest sale price for the house of £2,300,000 on 11 Jan 2022. 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 Parking Area
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40 Connaught Street, London, W2 2AB
Phone: 02081152461
Price Paid | Date |
---|---|
£2,300,000 | 11 Jan 2022 |
£775,000 | 24 May 2001 |
£480,000 | 20 Sep 2000 |
Terraced |
Leasehold |
Floor Area: 178 sq meters or 1,915 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 January 2022 the House Price Index for GREATER LONDON was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £2,300,000 results in an estimated price of approximately £2,420,538.
11 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 148.6 | 5.241 % | £2,300,000 | £120,538 | £2,420,538 |
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 | 8.097 % | £186,233 | £2,486,233 |
3 Month Average | -61.922 % | £-1,424,215 | £875,784 |
6 Month Average | -31.298 % | £-719,857 | £1,580,142 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £471,022 | £465,000 | FLAT 58 25 PORCHESTER PLACE |
11 Jan 2022 | £2,420,538 | £2,300,000 | 5 OXFORD SQUARE |
24 Jul 2020 | £997,592 | £825,000 | FLAT 65 25 PORCHESTER PLACE |
18 Jul 2019 | £1,079,203 | £875,000 | FLAT 62 25 PORCHESTER PLACE |
21 Jun 2019 | £988,390 | £800,000 | FLAT 95 25 PORCHESTER PLACE |
This house has a floor area of 178 sq meters or 1,915 sq feet when measured on 17 Jun 2021. Using an estimated price of £2,420,538 means this house is valued at £13,598 per sq meter (£1,263 per sq foot).
The average size of a house on OXFORD SQUARE is 239 sq meters (2,581 sq feet).
This house is the smallest in the street with a floor area of 178 sq meters (1,915 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Under investigation | On or near Parking Area |
Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Parking Area |
Dec 2023 | Theft from the person | Under investigation | On or near Parking Area |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Connaught Close |