£1,836,809
This estimated value is based upon the latest sale price for the house of £1,800,000 on 23 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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23 Spring Street, Paddington, London, W2 1JA
Phone: 02034636961
| Price Paid | Date |
|---|---|
| £1,800,000 | 23 Jun 2023 |
| £635,000 | 18 Oct 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 117 sq meters or 1,260 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 June 2023 the House Price Index for GREATER LONDON was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £1,800,000 results in an estimated price of approximately £1,836,809.
| 23 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £1,800,000 | £36,809 | £1,836,809 |
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 | 6.530 % | £117,535 | £1,917,535 |
| 3 Month Average | -8.651 % | £-155,721 | £1,644,278 |
| 6 Month Average | -9.585 % | £-172,527 | £1,627,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £2,800,510 | £2,750,000 | 38 BATHURST MEWS |
| 31 Aug 2023 | £1,069,286 | £1,050,000 | 14 SUSSEX SQUARE |
| 23 Jun 2023 | £1,836,810 | £1,800,000 | 59 SUSSEX SQUARE |
| 5 Apr 2023 | £647,103 | £635,000 | FLAT 2 193 SUSSEX GARDENS |
| 26 Sep 2022 | £1,948,698 | £1,950,000 | 21 BATHURST MEWS |
This house has a floor area of 117 sq meters or 1,260 sq feet when measured on 15 Feb 2012. Using an estimated price of £1,836,810 means this house is valued at £15,679 per sq meter (£1,456 per sq foot).
The average size of a house on SUSSEX SQUARE is 176 sq meters (1,904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Bathurst Mews | |
| Apr 2024 | Anti-social behaviour | On or near Bathurst Mews | |
| Apr 2024 | Anti-social behaviour | On or near Bathurst Mews | |
| Apr 2024 | Anti-social behaviour | On or near Bathurst Mews | |
| Apr 2024 | Theft from the person | Under investigation | On or near Bathurst Street |