£1,287,857
This estimated value is based upon the latest sale price for the house of £685,000 on 28 Jan 2005. 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 |
|---|---|
| £685,000 | 28 Jan 2005 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 668 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 2005 the House Price Index for GREATER LONDON was 79.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.008%.Applying this 88.008% change to the original purchase price of £685,000 results in an estimated price of approximately £1,287,857.
| 28 Jan 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 148.6 | 88.008 % | £685,000 | £602,857 | £1,287,857 |
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 | 178.900 % | £1,225,461 | £1,910,461 |
| 3 Month Average | 91.194 % | £624,676 | £1,309,676 |
| 6 Month Average | 149.364 % | £1,023,146 | £1,708,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £2,471,623 | £2,450,000 | 36 LANCASTER MEWS |
| 25 Jul 2023 | £522,026 | £515,000 | FLAT 2 15 CRAVEN TERRACE |
| 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 |
This house has a floor area of 62 sq meters or 668 sq feet when measured on 25 May 2010. Using an estimated price of £1,287,858 means this house is valued at £20,738 per sq meter (£1,926 per sq foot).
The average size of a house on LANCASTER MEWS is 136 sq meters (1,471 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Lancaster Mews | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Lancaster Mews |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lancaster Mews |
| Dec 2023 | Anti-social behaviour | On or near Lancaster Mews | |
| Dec 2023 | Anti-social behaviour | On or near Lancaster Mews |