£2,438,895
This estimated value is based upon the latest sale price for the house of £1,701,245 on 3 Jul 2015. 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 |
|---|---|
| £1,701,245 | 3 Jul 2015 |
| Terraced |
| Freehold |
| Floor Area: 188 sq meters or 2,023 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 2015 the House Price Index for GREATER LONDON was 103.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 43.359%.Applying this 43.359% change to the original purchase price of £1,701,245 results in an estimated price of approximately £2,438,895.
| 3 Jul 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.0 | 43.359 % | £1,701,245 | £737,650 | £2,438,895 |
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 | -43.801 % | £-745,164 | £956,080 |
| 3 Month Average | -13.868 % | £-235,936 | £1,465,308 |
| 6 Month Average | -6.888 % | £-117,183 | £1,584,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £563,426 | £560,000 | FLAT 1 15 CRAVEN TERRACE |
| 25 Jul 2023 | £519,918 | £515,000 | FLAT 2 15 CRAVEN TERRACE |
| 30 Sep 2022 | £6,891,188 | £6,975,000 | 27 LANCASTER GATE |
| 8 Sep 2022 | £2,346,462 | £2,375,000 | FLAT 1 19 CRAVEN HILL |
| 18 May 2022 | £3,887,791 | £3,830,000 | 31 LANCASTER MEWS |
This house has a floor area of 188 sq meters or 2,023 sq feet when measured on 24 Jan 2018. Using an estimated price of £2,438,896 means this house is valued at £12,972 per sq meter (£1,205 per sq foot).
The average size of a house on LANCASTER MEWS is 136 sq meters (1,471 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near B410 |
| Apr 2024 | Other theft | Under investigation | On or near B410 |
| Mar 2024 | Anti-social behaviour | On or near B410 | |
| Mar 2024 | Other theft | Under investigation | On or near B410 |
| Mar 2024 | Anti-social behaviour | On or near B410 |