£8,527,994
This estimated value is based upon the latest sale price for the house of £5,800,000 on 27 May 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Old Park Lane, London, W1K 1QW
Phone: 02080333909
Price Paid | Date |
---|---|
£5,800,000 | 27 May 2015 |
Flats/Maisonettes |
Leasehold |
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 May 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £5,800,000 results in an estimated price of approximately £8,527,994.
27 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 149.7 | 47.034 % | £5,800,000 | £2,727,994 | £8,527,994 |
The Postcode Pricing Model uses changes in average sales price within the SW1X 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 | 12.867 % | £746,258 | £6,546,258 |
3 Month Average | 19.956 % | £1,157,446 | £6,957,446 |
6 Month Average | 4.961 % | £287,721 | £6,087,721 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £5,043,800 | £5,000,000 | 3 WILTON ROW |
20 Dec 2023 | £15,919,488 | £15,430,314 | 23 GROSVENOR CRESCENT MEWS |
17 Nov 2023 | £24,112,062 | £23,500,000 | 3 GROSVENOR CRESCENT |
10 Nov 2023 | £1,402,604 | £1,367,000 | 28 OLD BARRACK YARD |
30 Jun 2023 | £4,592,024 | £4,500,000 | 5 HEADFORT PLACE |