£2,556,352
This estimated value is based upon the latest sale price for the house of £2,500,000 on 22 Sep 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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37 New Cavendish Street, London, W1G 9TL
Phone: 02080333973
Price Paid | Date |
---|---|
£2,500,000 | 22 Sep 2023 |
£1,375,000 | 10 Dec 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 105 sq meters or 1,130 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 September 2023 the House Price Index for GREATER LONDON was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £2,500,000 results in an estimated price of approximately £2,556,352.
22 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £2,500,000 | £56,352 | £2,556,352 |
The Postcode Pricing Model uses changes in average sales price within the W1G 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 | 142.658 % | £3,566,454 | £6,066,454 |
3 Month Average | 6.759 % | £168,982 | £2,668,982 |
6 Month Average | -19.810 % | £-495,239 | £2,004,760 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £1,479,079 | £1,441,534 | FLAT A 33 WIMPOLE STREET |
27 Oct 2023 | £12,713,755 | £12,425,000 | 56 WIMPOLE STREET |
22 Sep 2023 | £2,556,353 | £2,500,000 | FLAT 6 NEW CAVENDISH COURT, 39 NEW CAVENDISH STREET |
31 Aug 2023 | £1,731,224 | £1,700,000 | FLAT 5 DUDLEY HOUSE WESTMORELAND STREET |
23 Feb 2023 | £1,963,114 | £1,950,000 | 17 DE WALDEN STREET |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 27 Oct 2010. Using an estimated price of £2,556,353 means this house is valued at £24,346 per sq meter (£2,261 per sq foot).
The average size of a house on NEW CAVENDISH STREET is 138 sq meters (1,486 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Other theft | Under investigation | On or near Hospital |
Nov 2024 | Anti-social behaviour | On or near Marylebone Mews | |
Nov 2024 | Burglary | Under investigation | On or near Marylebone Mews |
Nov 2024 | Other crime | Awaiting court outcome | On or near Marylebone Mews |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marylebone Mews |