£31,938,260
This estimated value is based upon the latest sale price for the house of £26,000,000 on 2 Jul 2019. 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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61 Park Lane, Mayfair,, W1K 1QF
Phone: 02036418153
| Price Paid | Date |
|---|---|
| £26,000,000 | 2 Jul 2019 |
| Terraced |
| Leasehold |
| Floor Area: 946 sq meters or 10,182 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 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £26,000,000 results in an estimated price of approximately £31,938,260.
| 2 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £26,000,000 | £5,938,260 | £31,938,260 |
The Postcode Pricing Model uses changes in average sales price within the W1K 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 | -7.911 % | £-2,056,979 | £23,943,020 |
| 3 Month Average | 53.122 % | £13,811,848 | £39,811,848 |
| 6 Month Average | 40.515 % | £10,533,847 | £36,533,847 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £9,231,186 | £9,200,000 | 2 ALDFORD STREET |
| 18 Mar 2024 | £34,792,944 | £34,675,400 | 41 REEVES MEWS |
| 23 Aug 2023 | £5,231,815 | £5,200,000 | FLAT 4 51 MOUNT STREET |
| 3 Aug 2022 | £3,387,114 | £3,410,000 | FLAT 67 FOUNTAIN HOUSE PARK STREET |
| 10 Mar 2022 | £82,566 | £80,000 | OFFICES 51 - 52 MOUNT STREET |
This house has a floor area of 946 sq meters or 10,182 sq feet when measured on 20 Nov 2014. Using an estimated price of £31,938,260 means this house is valued at £33,761 per sq meter (£3,136 per sq foot).
The average size of a house on MOUNT STREET is 150 sq meters (1,622 sq feet).
This house is the largest in the street with a floor area of 946 sq meters (10,182 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Parking Area |
| Apr 2024 | Public order | Under investigation | On or near Parking Area |
| Apr 2024 | Theft from the person | Under investigation | On or near Parking Area |
| Mar 2024 | Robbery | Under investigation | On or near Parking Area |
| Mar 2024 | Drugs | Under investigation | On or near Parking Area |